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Uniqlo was the official sponsor of all Swedish athletes during the Summer Olympic Games held in Beijing in 2008, Tokyo in 2021, and Paris in 2024, and will be for the Winter Games taking place in Milan and Cortina in 2026.
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The first supermarket in Beijing opened in Sanlitun in November 1982. This supermarket has an area about 300 square meters, selling a variety of products. [3] The first bar on North Sanlitun Rd opened in 1995. [4] After nearly 30 years, Sanlitun houses about 70% of bars in Beijing. South Sanlitun Rd used to have stores selling auto parts.
It is fully owned by the company Fast Retailing, which is better known as the owner of the retail chain Uniqlo. The name is a pun of the word jiyū (自由), meaning "liberty, freedom" (from high cost clothing). Its signature product is a pair of jeans, which costs 990 yen. As of November 2023 there are 472 locations. [2]
China is one of the biggest markets for Uniqlo, where the brand aims to expand its business. Greater China, including Taiwan and Hong Kong, accounts for more than 20 per cent of the company's revenue.
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Uniqlo, a Japanese-owned brand, was founded in 1974 by Tadashi Yanai. [15] It is known for modern, casual apparel and essential, multi-functional garments. [16] Despite China's anti-Japanese sentiment, Uniqlo secured 1.4% of China's $350 billion apparel market in 2021, which was larger than any other brand that year. [17]
In five of its U.S. stores — SoHo and Fifth Avenue as well as Beverly Center in Los Angeles, State Street in Chicago and Disney Springs in Lake Buena Vista, Florida — Uniqlo last week launched ...