Circumstances conspired against Fast Retailing in Q1 with the firm having faced several obstacles in the Asia market. And its Uniqlo chain was also at the mercy of the weather last month as high temperatures hit sales.
Uniqlo and GU owner Fast Retailing said on Tuesday that hackers could have accessed personal information of around half a million Japanese customers of those two retail brands via their respective webstores.
Uniqlo may get the lion’s share of attention when it comes to Fast Retailing news, but the parent company’s GU chain is also doing interesting things and the brand is about to open a ‘next-generation’ store in Japan.
Fast Retailing has announced it has developed a new denim washing process which will help it save 3.7 billion litres of water by 2020, when the technology will be used to make all jeans sold by the group.
Uniqlo has launched a new campaign to celebrate its upcoming arrival in Amsterdam. Dubbed ‘To A New Everyday', it features seven Amsterdam-based individuals and their shared values with the Japanese retailer.
Uniqlo's sister brand GU is launching its first designer collaboration with Kim Jones. The collection will feature several designs from the brand's archive updated for both men and women to be released on March 21.
Japanese retailer Uniqlo will be entering the Dutch market this autumn with its first Netherland store opening in Amsterdam. The 2,040 m2 shop will be located on the city's main shopping street, Kalverstraat.