Uniqlo opens another store in downtown Hanoi
It's Uniqlo's 10th store in the capital city.
It's Uniqlo's 10th store in the capital city.
This is the opening event for the plan to launch a chain of three new stores in Hanoi.
This will be Vietnam’s largest online store of the Japanese retailer.
Fashion brands, manufacturers and retailers are increasingly preparing to adopt new production practices.
On social medial platform Facebook, some girls who attended the Uniqlo opening were mistaken with the first confirmed nCoV case in Hanoi.
In the context of the Covid-19 epidemic, Hanoi is a safe destination to attract the large apparel retailer to invest and cooperate with the city’s authorities for long-term development.
Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers.
The additional supply drives up Hanoi's retail space to roughly 1.2 million square meters in the fourth quarter 2019.
Vietnam is on track to become one of the biggest consumer markets in the world, said Japan’s richest man and CEO of Fast Retailing Tadashi Yanai.
For a population of nearly 100 million, of which the majority is at young age and with steady growth of income per capita, Vietnam is considered a potential market for fashion retailers.