- 64% Year-on-year jump in Uniqlo India's income in FY22
Japanese retailer Uniqlo is expanding its presence beyond northern India, with two new stores scheduled to open in Mumbai later this year, said a top company executive. This expansion will bring its total store count to 12.
"So today, the important information is about Mumbai opening—the first store in Mumbai will come up in Phoenix Marketcity, Kurla, on 6 October. We will be opening one more store around the same time at Oberoi Mall, Mumbai. So, originally, our focus on north India was aimed at establishing high-quality stores, streamlined operations and nurturing talent," Tomohiko Sei, chief executive officer, Uniqlo India, said.
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