Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Unlimited access to all content on any device through browser or app. This will alert our moderators to take action. Zara’s success made Inditex (who owns the Massimo Dutti and Zara brands), and Tata’s Trent, its Indian partner, delay the launch of Massimo Dutti. The Japanese fashion retailer, the third largest in the world by revenue, has landed in the country with the opening of its new 3,250 square meter store in New Delhi. Fashion columnist and consultant. Digital Editor. Last Updated at July 18, 2019 02:16 IST. 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Gap will have to introduce their high-quality lines at extremely easy prices to crack the Indian market. Uniqlo operates over 2,200 outlets globally in more than 20 countries including China, the US, Europe, Australia and Southeast Asia, and the Tokyolisted Fast Retailing reported revenues of $19 billion and profit of $1.4 billion for fiscal 2018. Arvind Lifestyle, Gap’s India partner, is looking at opening 40 franchise-operated Gap stores in the first few years. Access the exclusive Economic Times stories, Editorial and Expert opinion, Sharp Insight-rich, Indepth stories across 20+ sectors, ICICI Prudential Bluechip Fund Direct-Growth, Mirae Asset Emerging Bluechip Fund Direct-Growth. Mumbai The Japanese lifestyle retailer, UNIQLO will introduce two new stores at Delhi-NCR as a part of their expansion plan in India. But infrastructural lapses don’t pose the only challenge. Download The Economic Times News App to get Daily Market Updates & Live Business News. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Kindly visit the Manage my subscription page to discover the benefits of this programme. Tomohiko Sei, CEO, UNIQLO India stated, “This October marks the one-year anniversary of UNIQLO in India and to celebrate, we are thrilled to announce the opening of two new stores. ... read more, Copyright © 2020 The Indian Express [P] Ltd. 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Japanese fashion brand Uniqlo | fashion retailers, Viveat Susan Pinto | Japanese retailer Uniqlo on Wednesday announced it was launching three separate stores in India as part of its debut plans, coming at a time when the government proposes to ease local sourcing rules in single-brand retail. Gap is more expensive than H&M, for example. Also in queue are Massimo Dutti, Abercrombie & Fitch and Topshop, smaller stores but with great fashion influence. Track the industry of your choice with a daily newsletter specific to that Most big retailers — like H&M and Uniqlo — are the size of buildings in prime cities such as New York, London and Tokyo. In the wings are Swedish behemoth H&M, and Uniqlo, Japan’s answer to a large-format fashion store. Learn how to make non-sticky sabudana khichdi with these tips, Navratri 2020 Day 8: Looking for ways to style your peacock green outfit? Choose your reason below and click on the Report button. India’s consumer landscape requires international brands to engage with the local community, rather than simply open stores, to be successful. In the wings are Swedish behemoth H&M, and Uniqlo, Japan’s answer to a large-format fashion store. Japanese retailer Uniqlo on Wednesday announced it was launching three separate stores in India as part of its debut plans, coming at a time when the government proposes to ease local sourcing rules in … Tomorrow is different. Here, 10,000-square feet (the size of Gap in Delhi) is considered huge. Even Marks & Spencer struggled to sell, until it began to stock products that were made in India, thus avoiding high taxes and bringing down prices. The new store of Uniqlo is located in the DLF Ambience mall in the Vasant Kunj neighborhood, in the capital of the country. Yet, India is an attractive market and an important platform. namratanow@gmail.com, The Indian Express is now on Telegram. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Copyrights © 2020 Business Standard Private Ltd. All rights reserved. Road, Mumbai - 400 001, India support@kiabza.com +91-8693881100 Unlimited access to all the content on any device through browser or app. Besides, much of their manufacturing is done in India. Zara corrected its prices within a few months of its opening and is reporting enviable profits. It stands to do well here — with a quieter investment and premium products. Topics We have you covered, Covid 19 and nail hygiene: All you need to know, From Janhvi Kapoor to Deepika Padukone: Bollywood loves printed ethnic kurtis; here's proof, From Janhvi Kapoor to Deepika Padukone: Bollywood loves printed ethnic kurtis; here’s proof, Lata in ‘A Suitable Boy’: Tanya Maniktala’s style deserves your attention. 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