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The first Uniqlo opened its doors in Hiroshima, Japan in 1984.
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The company originally called itself "Unique Clothing Warehouse." By joining those words together, Uniqlo was born.
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Uniqlo grew quickly in the 90s
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The Japanese economic downturn is often called "The Great Recession" and lasted for an entire decade. It was bad news for the country as a whole, but Uniqlo reaped major benefits by catering to citizens who were trying to cut back on spending.
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By 1994, ten years after the first store opened, 100 Uniqlos were in operation.
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In 1998, it had over 300 stores
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This expansion started in UK .
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Uniqlo's faced some bumps along the way. When first expanding overseas, it opened too many stores too quickly — and had to close many of them.
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The new strategy was to open large stores in major cities around the world.
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Uniqlo relaunch in New York with the opening of a flagship store.
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Yani sees Asia as a key market and open 26 stores across the continent
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Over the next two years the number of international stores went up from 54 to 92 including flagship sotres in London and paris
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The director and CEO Tadashoi Yani hired the german designer Jil Sander, her role was to design and be the creative consultant for the company.
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They may have benefited from the world's drop in spending power, since they capitalize on consumers looking for cheap clothing.
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If Uniqlo's rapid growth continues, its ambitious plans to be the leader of retail in the U.S. and worldwide could become a reality.
