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Uniqlo set to open Covent Garden store in 2023

Tom Shearsmith
17 November 2022

Uniqlo is set to open a new 15,600 sq ft location in London's Covent Garden, located on Long Acre and Floral Street.

Expected to open in Spring 2023, Uniqlo will offer consumers a selection of its LifeWear clothing, which encompasses menswear, womenswear and kidswear.

Alessandro Dudech, Chief Operating Officer at Uniqlo UK, commented: "It’s an honour to be opening in an area of London with such cultural and retail heritage and continuing to expand our UK presence in important retail locations.

"With such a strong footfall from both Londoners and tourists, we look forward to offering LifeWear to new and existing Uniqlo customers."

The announcement follows the retailer's recent opening in Battersea Power Station in October and will take the total number of Uniqlo stores in the UK to 17.

Last month, Fast Retailing Group, owner of Uniqlo and Theory, reported a 7.9% increase in revenue to £13.7 billion (¥2.3 trillion) for the year ending 31 August 2022.

In Europe (excluding Russia), Uniqlo International reported a 20.3% revenue increase to £6.5 billion (¥1.1 trillion). This was driven by greater support for the brand's LifeWear concept, a rise in the number of new customers and "strong" sales in its regional flagship stores in European cities.

Fast Retailing Group also confirmed it will accelerate new store openings in fiscal 2023, especially at Uniqlo International. The group forecasts it will operate a total of 3,747 stores by the end of August 2023 across all of its brands. From this, Uniqlo International will have 1,740 stores.

Further details are expected in the new year.

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