We also offer a flexible subscription product,
the Multi Report Package,
which allows you to select your own choice of reports from our full range,
to suit your own budget. Click here for full details.
Fast Retailing: Japan's Biggest Apparel Retailer Goes Global
published in Issue 97, January 2002
Fast Retailing is Japan’s largest apparel retailer with over 500 stores under the Uniqlo brand name. Fast Retailing is also Japan’s fastest growing apparel retailer. During the three years to 2001/02, its revenue expanded by an average of 71.4% per annum.
The company’s aim is “to market low-priced clothing of superior quality”. Uniqlo stores offer basic fashion items which are versatile, emphasise individual taste, and can be combined with other brands.
To optimise its use of external resources, Fast Retailing entrusts materials procurement and production to trading companies such as Mitsubishi. And to minimise product costs, 80% of merchandise is made in China and 10% in South East Asia. The company also maintains a narrow product range with a wide customer appeal. This enables it to generate a high level of sales per item and to achieve economies of scale, thereby enabling it to reduce costs still further.
Analysts question how long the company can maintain its momentum. In October 2001 sales suffered their first monthly fall since March 1994. But leading analysts remain positive about the company’s future. The group certainly has ambitious plans for the long term. In particular, it aims to be the largest casualwear retailer in the world with sales in Japan of ¥1,000 bn and further sales of ¥1,000 bn overseas. To this end, it has embarked on an international expansion drive starting with the UK. Later in 2002, it plans to open its first stores in China.
Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries – and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.
Reports in Textile Outlook International include:
country profiles – providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
company profiles – giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
trends in world textile and apparel trade and production – taking into account current issues facing the industry – such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
trends in EU and US imports of textiles and clothing – providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.
So whether you are involved in fibres, textiles or clothing – in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing – or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
Textile Outlook International is available on subscription – either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 6 printed publications a year, containing a total of 30 reports plus editorials written by Robin Anson, our editorial director and in-house industry expert.
Electronic supplement If you choose the printed and electronic option, you will receive an extra service. You will still receive each issue in printed format, delivered to you by traditional post.
In addition, you will be able to download PDF files containing the same information – but the PDF files will be available immediately on publication, so you don’t have to wait for the printing and mailing. You also have all the benefits of electronic files: instant access even when you are away from the office; convenient storage in your PC or laptop; portability; electronic search facility; and copy/paste facility.
This is what our customers say:
"Textile Outlook International is very useful for postgraduate/undergraduate students who are researching international trade patterns in the textile industry. The reports indicate specific characteristics of textile markets in the world, show the comparative advantages of countries and provide guidance for future investments in the textile sector."