The Japanese clothing brand Uniqlo is expanding its presence in India with the addition of two new stores in Mumbai in October.
Uniqlo, which entered the Indian market in October 2019, has established a sizeable footprint in North India, primarily Delhi-NCR, boasting a total of seven stores. Additionally, it has expanded into Lucknow and Chandigarh.
“We are committed to being an integral part of the Mumbai community”, said Tomohiko Sei, chief executive officer (CEO), Uniqlo India. “Over the past few years, we have built a robust retail landscape in the North and we are now ready for our expansion in the West, making our LifeWear collection accessible to more customers in India.”
As part of its gradual expansion strategy, the brand is next looking to reach out to southern India, following a considerable spurt in demand from the region on its e-commerce platform, the company said. The brand is setting sights on expanding into Chennai, Kolkata, Hyderabad, Bengaluru, and Pune.
The inaugural store in Mumbai at Phoenix Marketcity, Kurla, is set to begin operations from 6 October. Additionally, the second store located at Oberoi Mall, Goregaon East, will open its doors on 20 October, the company said.
Rashmi Sen, chief operating officer of Phoenix Mills Ltd, said, “We are incredibly proud of the delightful inclusion of Uniqlo to our flagship mall, Phoenix Marketcity Mumbai. Having Uniqlo as part of the family will bring a trendsetting retail experience, inviting fashion enthusiasts to explore an extraordinary world of comfort, versatility, and elegance.”
Sameep Pathak, CEO, Oberoi Mall, said, “We are super thrilled to welcome, one of the most awaited global brands, Uniqlo to Oberoi Mall. Besides adding to the diverse offerings at the mall, the addition of this iconic casual wear brand will elevate the shopping experience for our customers.”
Uniqlo currently sources 30% of its products, including cut-and-sew creations such as T-shirts and shirts, from India.
Press Insider had earlier reported that a slew of international brands is flocking to India as the nation emerges as one of the biggest destinations for retail.
With a burgeoning middle class and a largely untapped retail market, India is fast becoming an irresistible magnet for foreign retail giants who are eager to establish their footprint.
Industry experts forecast a significant influx of international brands in the coming two years, cementing India’s position as a hotbed for retail expansion and innovation.
Loading the player...
How super is the Careem super app?
More Top Stories:
Services sector growth rises in November but at a slow pace