By  on May 16, 2018

TOKYO — Fast Retailing said Wednesday that GU, the low-priced sister brand to Uniqlo, would open its first store in South Korea this fall. The store will be located in the Lotte World Mall in Jamsil, Seoul, and will have a sales floor area of 15,000 square feet. It will carry a wide range of the brand’s trend-driven styles for men, women and children.

The news is the latest in a string of announcements from Fast Retailing related to new Uniqlo openings, including its entry into India and a new flagship in the Philippines. Tadashi Yanai, chairman, president and chief executive officer of Fast Retailing, has said his goal is for the company to become the world’s number-one apparel retailer.

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