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Uniqlo makes biggest South-east Asia bet as CEO looks abroad

Clothing chain is opening its largest store in region in Singapore amid flagging profits at its parent

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Billionaire chairman Mr Yanai wants to generate five trillion yen (S$65.9 billion) in sales by 2020 to keep Fast Retailing competitive with Hennes & Mauritz AB and Zara-owner Inditex SA.

Singapore

CASUAL clothing chain Uniqlo is taking its biggest chance in South-east Asia.

The unit of Fast Retailing Co is opening a store on Singapore's iconic Orchard Road that will have 2,700 square metres of shopping space on three floors. The store will be Uniqlo's largest in...

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