Posted on August 31, 2018

Uniqlo plans Vietnam debut in 2019

On August, 2019

Following the new store opening in Sweden, Uniqlo will open its first store in Vietnam in Ho Chi Minh City in autumn 2019, marking further growth for the brand in the key Southeast Asia region that it’s aggressively targeting at present. Describing Vietnam as “one of the region's most exciting, high-growth economies,” it said the entry will be a “milestone” and that Southeast Asia has been “an important driver of growth”.
Although Asia remains the firm’s main target market, European expansion has also been important for the brand and it opened its first Spanish store last autumn. But its European store count was still only 75 as of last month with around 75% of its more-than-2,000 locations being in Japan, China, Hong Kong and Taiwan. It also has 186 stores in South Korea.

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