Speed to market has been credited with Zara’s ability to singlehandedly disrupt retail, so naturally other retailers are looking to ramp up their own production. The latest to attempt accelerated deliveries is Uniqlo.
The Japanese retailer has decided to take Zara on head to head with 13-day turnarounds, according to Bloomberg. And Tadashi Yani, owner of Uniqlo parent Fast Retailing, says that once his company matches Zara’s speed, Uniqlo will have a leg up.
“Zara sells fashion rather than catering to customers’ needs,” Yanai told the publication. “We will sell products that are rooted in people’s day-to-day lives, and we do so based on what we hear from customers.”
One of Zara’s keys to success has been the proximity of its production and distribution facilities, which allows each part of the company to interact seamlessly and quickly. Mimicking that, Uniqlo just opened a design and delivery center in Tokyo that will provide the same benefits. And it plans to copy that format in additional regions globally. The company is also employing artificial intelligence to more accurately deliver on consumer tastes.
Yanai hopes that strategic developments like these will help Uniqlo boost revenue by 70 percent to 3 trillion yen ($26 billion) by August 2021. To reach that goal, the company is focused on Asia, with 200 new stores planned in China and Southeast Asia annually.
How Amazon may strip Whole Foods of its touchy-feely ethos—and why that's a good thing—had how cold brew proves you can teach old dogs new tricks.Read more
Loftex Home and GHCL sign CertainT licences, Hollander Sleep Products Buys Pacific Coast Feather and Oeko-Tex certifies Tuft & Needle.Read more
The National Retail Federation continues to lobby Congress with regards to the border adjustment tax, reiterating its claim that it would shift corporate tax savings to consumers.Read more
NRF announced new board members this week, while Topshop hired a new CEO and Macy's stepped up its off-price game with a new executive.Read more
Fashion can’t escape what’s happening in the world whether it wants to or not, and for the Autumn/Winter 2018-19 season, textiles will look to balance all that’s been upended.Read more
The Chittagong Port Authority has taken steps to alleviate the congestion situation at Bangladesh’s top port, but no comprehensive plan is in the works to fix what has been a long-term logistical problem.Read more
Looking to boost cotton quality and exports, Egypt’s Ministry of Trade and Industry has signed a cooperation protocol with United Nations Industrial Development Organization (UNIDO) and the Italian Development Cooperation.Read more