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Wednesday, 13th June 2012
In Business In Japan,

Japan's Uniqlo targets number one spot

The Japanese fashion retailer Uniqlo may already be one of the world's biggest brands with stores in cities like Paris, London and New York, but the company's owner has much bigger ambitions.

Currently in Manila to launch the firm's first outlet in the Philippines, Uniqlo boss
Tadashi Yanai revealed that he wants the brand to become the world's number one fashion retailer, ABS-CBNnews reported.

"It is our goal to be number one in the world. It is our aspiration," Mr Yanai told the news provider.

"We believe Uniqlo has made efforts, more than other companies, in clothing, development and sales."

This mission will begin with the opening of 50 stores across the Philippines within the next three years, but by 2020 Mr Yanai - whose father started the Uniqlo owner Fast Retailing in 1949 - wants to be the biggest in the world.

Who knows, after recently recruiting tennis sensation Novak Djokovic as a brand ambassador and with its popular 'Made for All' motto, it may just happen.

Written by Graham McPherson