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Malls roll out the red carpet for Uniqlo as the Japanese fashion giant takes Zara, H&M head on

Top malls in India’s metros are nudging domestic brands such as Shoppers Stop and Lifestyle to free up premium space for Uniqlo. While the Japanese retail chain is bullish on India, market watchers say scaling beyond 25 or 30 cities will be a tough challenge.
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4 Jul 2019 6 Mins Read 0 comment
Customers queue up in front of a Uniqlo store in Jinhua, China. Getty Images
Customers queue up in front of a Uniqlo store in Jinhua, China.
Ambience Mall in Delhi’s Vasant Kunj recently relocated a couple of its most sought-after tenants — Shoppers Stop and Lifestyle — from their showcase floors to make room for Japanese fashion behemoth Uniqlo. Nine kilometres to its east, the DLF Place Mall in Saket shifted UK-based retailer Marks & Spencer to welcome Uniqlo. The popular clothing retail chain’s India
in three-four years. They also know India is a long-term market and they are here to stay,” says Harminder Sahni, founder, Wazir Advisors. Uniqlo’s Yanai, though optimistic, echoes this view. He believes that it will take at least a decade for India to realise its true potential and grow to become a significantly big fashion-and-accessories market for his company.
Ambience Mall in Delhi’s Vasant Kunj recently relocated a couple of its most sought-after tenants — Shoppers Stop and Lifestyle — from their showcase floors to make room for Japanese fashion behemoth Uniqlo. Nine kilometres to its east, the DLF Place Mall in Saket shifted UK-based retailer Marks & Spencer to welcome Uniqlo. The popular clothing retail chain’s India in three-four years. They also know India is a long-term market and they are here to stay,” says Harminder Sahni, founder, Wazir Advisors. Uniqlo’s Yanai, though optimistic, echoes this view. He believes that it will take at least a decade for India to realise its true potential and grow to become a significantly big fashion-and-accessories market for his company.

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