Quote:
Originally Posted by Rusty Gull
Why is UNIQLO so slow to set up in Vancouver? They are missing a golden opportunity, as the Gap looks to be down for the count. But if UNIQLO doesn't get its act together, JOE (yes, the Superstore's Joe Fresh line) will own Canada as far as this market segment goes. Case in point: the new store opening on Granville Street.
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http://www.google.com/hostednews/afp/article/ALeqM5g_Fi6Jkp5L8c2fuKRC6feU6NU1-w
Japan's Uniqlo clothing chain looks like losing steam
The operator of Japanese cheap chic clothing chain Uniqlo on Thursday slashed its annual earnings forecast as third-quarter revenue fell, the first sign that the retailer may be losing steam.
"We weren't able to communicate about our products to our customers directly," said chief financial officer Hidetsugu Onishi, adding that too many products made it difficult for clients to find what they were looking for.
"Customers want to be told which products are the most popular. If there are too many choices, psychology makes it that human beings can't decide."
Maybe this is why it's so popular in Japan and wouldn't do so well here.
Ron.