8 November 2017 – Expansión
The textile firm Uniqlo, owned by the Japanese group Fast Retailing, is pushing ahead with its expansion plans in Spain. After years searching for a suitable location, the Japanese company is going to open two stores in the country in just a month in a half.
On 20 September, Uniqlo opened its first store in Spain. The chosen location on that occasion was the building at number 18, Paseo de Gracia in Barcelona, opposite one of the country’s largest Zara stores, the main brand of the Inditex group. Measuring 1,730 m2, over three floors, the Japanese brand’s first store in Spain is enjoying considerable success that exceeds expectations, which has strengthened the firm’s commitment to the country.
“We are committed to this new market and we hope to open stores in several of the country’s main cities to bring Uniqlo’s LifeWear to the greatest number of consumers possible”, explain sources at the company.
Proof of this commitment is the opening of its second establishment. Uniqlo has also leased a store in the Gloriès shopping centre in Barcelona, where it will open its second store in Spain on Thursday 9 November. Specifically, the Japanese brand has leased 1,317 m2 in the centre, which is owned by the French-Dutch group Unibail Rodamco.
Uniqlo’s opening will coincide with the inauguration of the expansion of the shopping centre. With an investment of more than €100 million, the expansion works began in 2014. The ground floor was inaugurated in December 2016. Besides Uniqlo, H&M is also going to move into this space; it is going to open its largest shopping centre store in Spain in Gloriès, measuring 3,600 m2. The Swedish brand will also debut its H&M Home brand in Barcelona in this store.
Moreover, the new space will be home to the Mercat de Gloriès – a space with 20 local and international food products -, Fresh! – an area for fresh products that can be cooked on the spot – and La Cuina – an area focused on gastronomic encounters.
Unibail, one of the largest owners of shopping centres in Spain, plans to invest more than €677 million between now and 2024 developing large projects in Spain.
Original story: Expansión (by Rocío Ruiz)
Translation: Carmel Drake