Uniqlo has designs on faster fashion and a larger footprint

Speed is the new product in retail, it would appear. Uniqlo owner Fast Retailing is trying to live up to its name by shortening the time from design to delivery to less than a fortnight – much the same as successful Spanish retailer Inditex. The Japanese company hopes to see revenue increase by some 70% by 2021. It also plans to open 100 new shops in China and another 100 elsewhere in South-east Asia.