Fast Retailing Co. Chairman Tadashi Yanai said Walt Disney Co.¡¯s new park in Shanghai will help his Uniqlo casual clothing brand expand in China, shrugging off concerns over an economic slowdown in the Japanese retailer¡¯s largest overseas market.
¡°The opening of the Shanghai Disneyland gives both of us, Uniqlo and Disney, a business opportunity,¡± Chairman Tadashi Yanai told reporters in Shanghai, where Uniqlo will open a new Disney-inspired concept store. ¡°Our business is getting absolutely no impact¡± from China¡¯s slowdown, he said.
Starting Sunday, Uniqlo will devote an entire floor at its six-story China flagship store in central Shanghai to products jointly designed with Disney. A human-sized Mickey Mouse statue greets visitors to the store, where T-shirts and toys depicting characters such as Tinker Bell, Woody of Disney Pixar¡¯s ¡°Toy Story¡± animated films, and Darth Vader from the Star Wars movies are on display.
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