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

PROMOTED VIDEO
Life and Style
ebookA wonderful selection of salads, starters and mains featuring venison, grouse and other game
Life and Style
fashionHealth concerns and 'pornified' perceptions have made women more conscious at the beach
Arts and Entertainment
tv
Sport
Ojo Onaolapo celebrates winning the bronze medal
commonwealth games
Arts and Entertainment
Rock band Led Zeppelin in the early 1970s
musicLed Zeppelin to release alternative Stairway To Heaven after 43 years
Arts and Entertainment
High-flyer: Chris Pratt in 'Guardians of the Galaxy'
filmHe was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
Sport
Van Gaal said that his challenge in taking over Bobby Robson's Barcelona team in 1993 has been easier than the task of resurrecting the current United side
footballA colourful discussion on tactics, the merits of the English footballer and rebuilding Manchester United
Life and Style
Sainsbury's could roll the lorries out across its whole fleet if they are successful
tech
Travel
The shipping news: a typical Snoozebox construction
travelSpending the night in a shipping container doesn't sound appealing, but mobile crash pads are popping up at the summer's biggest events
Arts and Entertainment
'Old Fashioned' will be a different kind of love story to '50 Shades'
film
Arts and Entertainment
Tracey Emin's 'My Bed' is returning to the Tate more than 15 years after it first caused shockwaves at the gallery
artTracey Emin's bed returns to the Tate after record sale
Arts and Entertainment
Smart mover: Peter Bazalgette
filmHow live cinema screenings can boost arts audiences
Environment
Neil Young performing at Hyde Park, London, earlier this month
environment
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

    Project Coordinator

    Competitive: The Green Recruitment Company: The Organisation: The Green Recrui...

    Project Manager (HR)- Bristol - Upto £400 p/day

    £350 - £400 per annum + competitive: Orgtel: Project Manager (specializing in ...

    Embedded Linux Engineer

    £40000 - £50000 per annum + competitive: Progressive Recruitment: Embedded Sof...

    Senior Hardware Design Engineer - Broadcast

    £50000 - £65000 per annum + Benefits: Progressive Recruitment: Working for a m...

    Day In a Page

    Save the tiger: The animals bred for bones on China’s tiger farms

    The animals bred for bones on China’s tiger farms

    The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
    A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

    A former custard factory, a Midlands bog and a Leeds cemetery

    Introducing the top 50 hidden spots in Britain
    Ebola epidemic: Plagued by fear

    Ebola epidemic: Plagued by fear

    How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
    Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

    From 'Parks and Recreation' to 'Guardians of the Galaxy'

    He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
    How live cinema screenings can boost arts audiences

    How live cinema screenings can boost arts audiences

    Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
    Shipping container hotels: Pop-up hotels filling a niche

    Pop-up hotels filling a niche

    Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
    Native American headdresses are not fashion accessories

    Feather dust-up

    A Canadian festival has banned Native American headwear. Haven't we been here before?
    Boris Johnson's war on diesel

    Boris Johnson's war on diesel

    11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
    5 best waterproof cameras

    Splash and flash: 5 best waterproof cameras

    Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
    Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

    Louis van Gaal interview

    Manchester United manager discusses tactics and rebuilding after the David Moyes era
    Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

    Will Gore: Outside Edge

    The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
    The children were playing in the street with toy guns. The air strikes were tragically real

    The air strikes were tragically real

    The children were playing in the street with toy guns
    Boozy, ignorant, intolerant, but very polite – The British, as others see us

    Britain as others see us

    Boozy, ignorant, intolerant, but very polite
    How did our legends really begin?

    How did our legends really begin?

    Applying the theory of evolution to the world's many mythologies
    Watch out: Lambrusco is back on the menu

    Lambrusco is back on the menu

    Naff Seventies corner-shop staple is this year's Aperol Spritz