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Japanese Fashion Label Uniqlo Co

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Introduction
Japanese fashion label UNIQLO Co, Ltd, is a global retail chain owned and operated by a parent company - Fast Retailing. Other global retail brands owned and operated by the Fast Retailing includes GU, Theory, Comptoir des Contonniers, Princess Tam and J Brand. UNIQLO operates 39 franchises as of March 31, 2016. UNIQLO’s headquarters are located in Yamaguchi, Yamaguchi Prefecture, Japan. The company’s name UNIQLO, comes from “unique” and “clothing”, this is especially true because UNIQLO’s clothing are very different to other high fashion brands.

Unlike high fashion brands such as Zara, H&M, Marks &Spencer, Topshop and other clothing brands which sells fashion items that focus on trends and high fashion looks from runway and translating into cheap garments, UNIQLO peddles its utilitarian product with reasoning most people don’t in fact get around high fashion looks direct from the runway. Urban basics in the casual category ranges from t-shirts, sweaters and jumpers, denim jeans, jackets, underwear, shoes and accessories (hats and scarves). By focusing on core products in a limited range of fabrics, UNIQLO consolidates its fabric buys into mass producing affordable basics in dozens of colours that give it greater negotiation power, thus cheaper prices for the consumer.

Objectives and goals
The objectives of this feasibility study is to analyse and evaluate a proposed franchise opportunity as a start-up business to determine whether it would be

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