Cut-price clothier puts best foot forward

Fast Retailing - the Japanese company behind the hugely popular Uniqlo chain of clothing stores - is consolidating its shoe business in order to better compete with rival footwear firms and with the aim of making shoes its second-largest revenue source.

The company recently posted the biggest decline in its sales in four months due to the hottest Japanese summer on record hitting demand for its autumn lines, but the company believes it can head off growing competition from other fast-fashion stores - such as the Aeon and Ito-Yokado supermarket chains as well as Zara, H&M and Forever 21 - in the shoes sector.

Uniqlo has announced that it will integrate all its shoe brands into just two names, the existing Uniqlo Shoes, which was set up in 2009, and the new Candish line of footwear.

The company has been snapping up smaller domestic players in recent years, including the Y5.2 billion (€48.86 million) purchase of Viewcompany Co. in 2008 and the takeover of Onezone Corp. three years previously for around Y2 billion (€18.79 million).

According to analysts, Uniqlo at one point controlled 13 shoe brands. Faced with growing inefficiency and overlapping markets, it began to close unprofitable outlets and streamline the business.

The company now has 90 Candish stores across Japan and has launched a new range of shoes to mark the new strategy and the imminent arrival of fall in Japan. The new Cushion Series of shoes come as either round pumps, available in 10 colous and costing Y1,990 (€18.70), or the ribboned ballet shoes, which are set at the same price but are available in 16 colors.

Fast Retailing says the new footwear incorporates three insole layers that are shock-absorbent and provide extra cushioning.

New arrivals at Candish stores for the autumn and winter seasons include a range of eight boots with concealed inner heels that add 3 cm to a wearer's height. The entire range of products, which are made from a specially developed synthetic leather and include versions with fashionable faux fur around the ankles and jockey-style boots, are priced at Y4,990 (€46.87).

JR

Life and Style
ebookNow available in paperback
ebooks
ebookPart of The Independent’s new eBook series The Great Composers
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs Fashion

    Recruitment Genius: Telesales / Telemarketing Executive - OTE £30k / £35k plus

    £18000 - £35000 per annum: Recruitment Genius: This company specialises provid...

    Austen Lloyd: Commercial Property Solicitor - Exeter

    Excellent Salary: Austen Lloyd: EXETER - A great new opportunity with real pot...

    Austen Lloyd: Senior Private Client Solicitor - Exeter

    Excellent Salary: Austen Lloyd: EXETER - An outstanding senior opportunity for...

    Sauce Recruitment: Retail Planning Manager - Home Entertainment UK

    salary equal to £40K pro-rata: Sauce Recruitment: Are you available to start a...

    Day In a Page

    HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

    Scientists hail daily pill that protects against HIV infection

    Breakthrough in battle against global scourge – but will the NHS pay for it?
    How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

    Time to play God

    Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
    MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

    MacGyver returns, but with a difference

    Handyman hero of classic 1980s TV series to be recast as a woman
    Tunnel renaissance: Why cities are hiding roads down in the ground

    Tunnel renaissance

    Why cities are hiding roads underground
    'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

    Boys to men

    The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
    Crufts 2015: Should foreign dogs be allowed to compete?

    Crufts 2015

    Should foreign dogs be allowed to compete?
    10 best projectors

    How to make your home cinema more cinematic: 10 best projectors

    Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
    Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

    Manchester City vs Barcelona player ratings

    Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
    Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

    Monaco: the making of Wenger

    Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
    Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

    Chris Gayle: The West Indies' enigma

    Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
    In Ukraine a dark world of hybrid warfare and murky loyalties prevails

    In Ukraine a dark world of hybrid warfare

    This war in the shadows has been going on since the fall of Mr Yanukovych
    'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

    Homage or plagiarism?

    'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
    Broadchurch ends as damp squib not even David Tennant can revive

    A damp squib not even David Tennant can revive

    Broadchurch, Series 2 finale, review
    A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

    Inside the mansion of Germany's 'Bishop of Bling'

    A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower