Uniqlo and Ikea are now rushing into India

Publication

20 December 2017 à 16h54

Updated on 10 May 2019 à 17h26

Reading time

2 minutes

Publication: 20 December 2017 à 16h54, Updated on 10 May 2019 à 17h26

Reading time: 2 minutes

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Publication

20 December 2017 à 16h54

Updated on 10 May 2019 à 17h26

Reading time

2 minutes

Publication: 20 December 2017 à 16h54, Updated on 10 May 2019 à 17h26

Reading time: 2 minutes

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The Japanese fashion retailer Uniqlo (owned by Fast Retailing, revenue of €14 billion in the fiscal year to August 2017) has applied to the government for a single brand retail licence. The firm plans to have a fully-owned subsidiary in India and to locally source 30% of the products to be sold in India. The amount of the investment remains confidential. In India, Zara operates as a joint venture with Tata-owned Trent.
After Zara from Spain and H&M from Sweden brought Indian malls increased con

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