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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. It needed flagships in high-profile street locations.

Expansion 273
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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

The firm plans to use the float proceeds to fund growth and network expansion in Australia. Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia. Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia.

Expansion 263
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Afends opens two stores in Sydney, including CBD flagship

Inside Retail

Streetwear fashion label Afends is expanding its footprint by launching two stores in Sydney, including a store in The Galleries and a concept retail location on Newtown’s King Street. With stores in Melbourne, Sydney and at NSW’s Brunswick Heads, the brand is now eyeing expansion abroad. Afends at The Galleries.

Concept 246
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How Gami Chicken’s growth strategy will lead it to be a $60m business

Inside Retail

Gami Chicken is targeting 15 per cent year-on-year in-store revenue growth, is on track to grow to 42 locations by the end of 2023, and has grand plans for 2024. The Aussie-born Korean cuisine chain launched in Melbourne in 2006. Year on year expansion will be 70 per cent in store revenue, and 30 per cent expansion.”

Strategy 130
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Inside Guzman y Gomez’s plan to reach $500 million in revenue

Inside Retail

Mexican fast food chain Guzman y Gomez (GYG) is planning to open an additional 30 drive-thrus in Australia over the next 12 months, which will bring the company’s total store count to over 180 locations across Australia, Singapore, Japan and the US. The store expansion follows Magellan Financial Group’s $86.8 per cent. “I

Planning 237
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Astley Clarke selects Seven Dials for its UK flagship store

Retail Focus

Founded in 2006 by Bec Astley Clarke MBE and headquartered in London, the brand began its journey as an online-only retailer. Astley Clarke jewellery is now stocked in Selfridges, Liberty and on international luxury retail site FarFetch however, with Seven Dials playing the next part in the brand’s expansion.

Reimagine 162
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Mango to open flagship store on New York’s Fifth Avenue

Retail Focus

The new flagship store will be located in Plaza District, one of the most exclusive shopping areas of Fifth Avenue. This new store is part of the expansion plan the company is implementing in the United States, announced in late 2020. Mango has been present in the United States since 2006. Having a store of these.