Source of the Article
“Uniqlo to expand tenfold in China”. The Asahi Shimbun 15 May 2010
Who? --- Fast Retailing Co.
What? --- increased its outlets
When? --- Saturday15 May 2010
Where? --- Shanghai
Why? --- Keeping up with the country’s growing apparel market
How? --- Aiming to chalking up 1 trillion yen
Vocabulary
Retailing --- to be sold for a particular price in a shop
Operator --- a person or company that operates a particular business
Outlets --- a shop, company, or organization through which products are sold
Tenfold --- ten times as much or as many of something
Chalk --- to succeed in getting something, especially points in a game
Summary
Fast Retailing Co., operator of the Uniqlo plans to increase its outlets in China by more than tenfold to 1,000 by 2020. According to President Tadashi Yanai, the company aims to chalk up 1 trillion yen in China. China can replace the U.S. as the world’s largest clothing market as well as the car market. The company has about 800 Uniqlo stores in Japan and 64 in China. Many of the new outlets in china will be large enough to sale 1 billion yen each.
My Opinion
Uniqlo is a great clothing chain. I often go and buy some clothes in Hachioji. When I read this article, I was proud of Uniqlo as a Japanese man. These days, a lot of Japanese companies have been expanding their business into new areas, especially foreign countries. This situation is really good and can make impression of Japan far better and stronger. Though the government of Japan has a lot of debt, expanding companies suggest that Japan can earn a lot and can be one of the world’s leaders.
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