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Mergers & Acquisitions | 16 January 2013

Japanese Retailer Uniqlo May Enter India Through Arvind

by Paritosh Gajjar
Japanese Retailer Uniqlo May Enter India Through Arvind
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In a move that will facilitate Indian citizens to flash Japanese brand, Uniqlo, the foreign retailing giant is set to start shop in India by partnering with well established retailer Arvind, says TOI.

The financial details of the potential equity JV remain unknown.

Uniqlo, as a contraction of "unique clothing", is parented by Fast Retailing Co., Japan’s largest apparel retailer. It has around 845 stores in Japan and 292 shops elsewhere, including the Singapore, the U.K and the U.S.

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