CHINA: Uniqlo stores shuttered amid anti-Japan protests
Japanese retail giant Fast Retailing Co has shuttered nearly one-third of its Uniqlo casual clothing stores in China following anti-Japan demonstrations in the wake of a diplomatic dispute between Asia's two biggest economies over a group of islands in the East China Sea.
The retailer yesterday (18 September) said it has closed 42 of its 145 stores in China and instructed its 200 Japanese employees in the country to stay at home.
"As of now there have been no reports of damage to store facilities or products, or personal injury to employees and their families," the retailer noted, adding that it intends to "closely monitor the situation in China."
The long-standing dispute over the uninhabited islands - over which China claims sovereignty - escalated last week when the Japanese government moved to buy some of them from a private Japanese owner.
The resulting protests in China have also led retailer Seven & I Holdings to close over 200 outlets, with reports adding that Aeon Co has also shut 30 supermarkets in China. Elsewhere, Toyota and Honda are said to have suffered damage at stores in China, while Nissan halted production at two factories.
Fast Retailing was also forced to distance itself from a photo that appeared on the internet showing a sign attached to a window display at one of Uniqlo's stores in Shanghai that read "the Senkaku Islands belong to China."
"This incident did not take place under company instruction," the retailer said, adding that it believes companies should "not take any political stance or voice their opinion regarding diplomatic disputes."
Generally, 2013 is seen as being another challenging year for the apparel industry - although there is cautious optimism for an improved business environment. Issues such as compliance, sustainability...
Opportunities the apparel industry should focus on this year include developing strategic relationships to improve flexibility across the supply chain; a focus on adding value through design, innovati...
What should apparel firms have learnt from the upheaval of the past couple of years - and what should they be doing now if they want to remain competitive into the future? They need to remain nimble e...
Uncertainty is perhaps the biggest challenge facing the apparel industry in 2013. The economic situation in Europe and the US, a combination of rising production costs and flat prices, the pressure to...
Two campaigns carried out over the past two years by two groups of activists have achieved very different results. Whereas Greenpeace has successfully corralled major brands and retailers into its Det...
Casual clothing retailer Uniqlo has booked a 9.6% increase in Japanese same-store sales in February, driven by strong sales of winter apparel....
Specialty clothing retailer Gap Inc has remained coy on reports Japanese retail giant Fast Retailing has expressed interest in buying the company....
- Li & Fung looks to new frontiers for growth
- SOURCING: Worldwide change in cost competitiveness
- Gap impressed with supply chain improvements
- More licensing and less M&A for Global Brands
- Better Work programme poised to expand
- Cambodia mass faintings rise to 896 in first-half
- Ralph Lauren unveils high-performance Polo shirt
- China minimum wage rises will be tough to handle
- Cambodia garment makers condemn strike protests
- Cambodia garment industry hit with fresh strikes
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, Key Executives, and Contact Details
- Global market review of denim and jeanswear – forecasts to 2020
- Prospects for the Textile and Clothing Industry in Turkey
- Global Database of the Top 1000 Apparel Knitting Mills - Company Names, Financial Performance, Key Executives, and Contact Details
- China - ISA Country Report