Vietnam’s first-ever store of Japanese apparel retailer Uniqlo is scheduled to open in downtown Ho Chi Minh City (HCMC) by the end of 2019. The store, named Uniqlo Dong Khoi, will be located at the Parkson Saigon Tourist Plaza on the corner of Le Thanh Ton and Dong Khoi Streets in District 1, the Vietnam News Agency reported.
Considered one of Uniqlo’s largest stores in South East Asia, Uniqlo Dong Khoi will consist of three floors and cover a total area of more than 3,000 square meters. The venue will provide the full global lineup of Uniqlo’s LifeWear, which features high-quality, functional, affordable, and innovative clothing designs for men, women, and children of all ages. It will also include a kids’ zone designed to stimulate children’s creativity and ensure a comfortable family shopping experience.
The brand will collaborate with local artists and innovators to introduce special products that reflect the vibrant culture of HCMC and Vietnam in general.
Uniqlo, a subsidiary of Japan’s Fast Retailing Company, has opened more than 2,200 stores in 24 markets across the world. Vietnam is the sixth country in South East Asia that the brand has set up shop, Uniqlo’s arrival in Vietnam is sure to intensify competition between foreign brands like Zara and H&M. Vietnam’s fashion market is estimated to grow to more than USD 3.8 billion in 2019 and over USD 5 billion by 2021, according to BMI Research.
(Sources: Tuoi Tre News; Vietnam Express International)
