Fashion brand Uniqlo applies for retail license in India

The company was interested in doing business in India since a long time now. At present, the transaction is possible either via online or through regular outlets in the country.

“Fast Retailing believes India is a market with great potential, and can confirm that the company has taken the first step towards a later introduction of Uniqlo to customers in India. At the moment, we are awaiting word from the government, and we will be able to discuss potential future steps at a later date,” a leading Indian daily said quoting a spokesperson of Fast Retailing in Tokyo. (RR)

ALCHEMPro News Desk – India