This morning, fashion news site Business of Fashion reported fast-fashion retailer Uniqlo had its largest sales gain in four years.
Uniqlo is exploring building an online store for the U.S., according to a document obtained by Ad Age. The request for proposal indicates the retailer is looking for partners to help build the e-commerce site, which, if it goes according to the document's timeline, would go live in October. The Japanese retailer, in the midst of a global expansion as growth slows at home, is searching for an agency to build what it's calling a "digital flagship" for the U.S. market. It hopes to push Stateside sales to $10 billion with 20% originating online by 2020, according to the document.
Japan-based fast-fashion retailer Uniqlo, a wholly owned subsidiary of Fast Retailing Co. Ltd., recently announced plans to open its two largest-ever branded outlets to date. The retailer's Fifth Avenue global flagship—its largest store worldwide—will measure 90,000 sq. ft. and will open Oct. 14. A second store, situated on West 34th Street, will open on Oct. 21, and will measure 60,000 sq. ft. The three-story Fifth Avenue location will feature an all-glass entrance, with 500 ultra-modern mannequins lining the entrance and positioned against the store's back wall. In addition, the store will boast more than 300 LED screens—designed to evoke