UNIQLO’S AMBITIOUS EXPANSION PLANS OFFER GREAT OPPORTUNITY, BUT ALSO RISK SAY ANALYSTS
September 1st, 2011
BY JULIAN RYALL
UNIQLO thinks big, talks big and has big ambitions - and analysts believe the company does indeed have what it takes to become the biggest clothing retailer in the world within the next decade.
It will clearly face a series of obstacles on its way to that title. its public relations output has been described as "naive" and it reported a 0.8% decline in its profits for the third quarter after a tricky few months over the summer. But the feeling is that Uniqlo's announcement on September 14 that it will ramp up production to 5 billion ...
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