Company Overview of UNIQLO Co., Ltd.
UNIQLO Co., Ltd. retails in house designed casual clothing for men and women of all ages through retail stores. The company operates 838 direct-run stores and 21 franchise stores. The company was founded in 1974 and is based in Yamaguchi, Japan with locations in China, Hong Kong, Taiwan, South Korea, Singapore, Malaysia, Thailand, Philippines, Indonesia, United States, United Kingdom, France, Germany, Russia, and Australia. UNIQLO Co., Ltd. operates as a subsidiary of Fast Retailing Co. Ltd.
Founded in 1974
Key Executives for UNIQLO Co., Ltd.
Chairman, Chief Executive Officer and President
Head of European Business
Compensation as of Fiscal Year 2015.
UNIQLO Co., Ltd. Key Developments
Uniqlo to Open Store for Disney-Related Products at Walt Disney World Resort in Florida in Spring 2016
Aug 4 15
Uniqlo Co. has announced plans to expand its Disney-themed lineup. Uniqlo will open a store for Disney-related products at Walt Disney World Resort in Florida in spring 2016.
UNIQLO to Open Two Stores in Cebu City
Jul 27 15
UNIQLO is to open two stores in Cebu city as it starts expanding outside Luzon. The two stores, each estimated to have a floor area of around 1,000 square meters, will be located at SM City Cebu and the new SM Seaside City Cebu, and are targeted to be finished and opened before December 2015.
UNIQLO Japan Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2015
Jul 15 15
UNIQLO Japan reported earnings results for the third quarter and nine months ended May 31, 2015. For the nine months, revenue expanded to ¥638.1 billion (+12.0% year-on-year), and operating profit increased to ¥113.7 billion (+21.6% year-on-year). Same-store sales expanded a strong 8.8% year-on-year during the nine-month period. In addition, operating profit increased significantly, due to a 1.0% improvement in the gross profit to revenue margin and a 0.6% fall in the selling, general and administrative expenses to revenue ratio. The strong rise in same-store sales at UNIQLO Japan was largely attributable to firm sales of core Fall Winter ranges such as HEATTECH and Ultra-Light Down, followed by strong sales of Spring Summer ranges such as bottom wear and AIRism innerwear. Segment income (profit before income taxes) was ¥116,964 million against ¥93,800 million a year ago.
For the quarter, the company reported revenue of ¥183,602 million against ¥163,896 million a year ago. Operating profit was ¥24,310 million against ¥21,861 million a year ago. Segment income (profit before income taxes) was ¥26,144 million against ¥21,761 million a year ago.
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