19 August 2023, Mumbai
Uniqlo to open a second store in Mumbai, India as part of strategic expansion
Uniqlo has been in India for four years and has seven stores in Delhi-NCR, Lucknow, and Chandigarh.
The company is working to source 30% of its products from India and has partnered with local suppliers across 17 sewing factories and six fabric mills.
Expanding footprint
Uniqlo's expansion into Mumbai is part of a phased approach to enter other major cities in India, such as Bangalore, Hyderabad, Kolkata, and Chennai.
PhyDigital
The company's online sales contribute around 15% to its revenue, but it aims to sustain this ratio through both physical and digital channels.
Uniqlo's expansion into India is a sign of its commitment to the market, which is bolstered by the success of its parent company, Fast Retailing, globally.
