Uniqlo boosting online presence

Fast Retailing (6288), the owner of Uniqlo, is shifting its logistics and boosting investment in expanding online shopping across Japan, China, Southeast Asia and the United States with a new automated factory in Osaka, Nikki Asian Review reported.

The group will complete an automated warehouse for e-commerce in the city of Ibaraki in Osaka Prefecture by October, allowing delivery of orders within three days.

It plans to increase e-commerce to 30 percent of its total sales in Japan from 10 percent in the business year ended August 2019.

In the year ended in August, it spent an estimated 26.6 billion yen (HK$1.95 million) on computer systems for e-commerce and other operations, 80 percent more than the 14.7 billion yen spent on its domestic chain.

Fast Retailing plans to spend a total of 100 billion yen in building automated warehouses not only in Osaka, but also in China, Southeast Asia and the United States.