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Fast Retailing: no plan to halt Uniqlo expansion in China

Japan’s Fast Retailing Co is not considering changes in the planned expansion of its Uniqlo clothing stores in China despite anti-Japanese protests there, its chairman Tadashi Yanai said on Wednesday.

The firm, Asia’s top apparel retailer, is looking to add 80 more Uniqlo stores in China in the business year that started on 1 Sept., he told a briefing on its development and sales strategy for Uniqlo apparel for the upcoming winter season.

"If it can be done, I would like to be able to add 100 stores annually, and at this time we have plans to add about 80 stores this year," Yanai said.
 

(Source: CNBC)