Why Urban Millennials Love Uniqlo
Uniqlo was founded in 1984 in Hiroshima, Japan, as the Unique Clothing Warehouse—an ironic name for a manufacturer known for clothing that is in no way unique. A person can dress sock-to-cardigan in the company’s wares without announcing herself as a devotee of the brand. In an industry as label-oriented as fashion, such anonymity would seem to be a detriment to success. Today, however, Uniqlo has more than 2,000 stores in 15 countries. Its owner, Tadashi Yanai, is the richest person in Japan. Its parent company, Fast Retailing, is among the five largest clothing retailers in the world.
Only a small percentage of Uniqlo’s stores are located in the United States. But for a certain segment of American shoppers—young, urban, professional, practical—Uniqlo basics have become a cornerstone of the contemporary wardrobe. In America’s coastal cities, Uniqlo’s stores—on Newbury Street in Boston, in SoHo in New York, in San Francisco’s Union Square—are forever clotted with customers.
Part of the reason is cost: Because
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