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The heart of Uniqlo's argument lies in the claim that Shein's imitation products closely resemble the original Round Mini Shoulder Bag.
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Uniqlo has launched its first-ever store in Mumbai, making it to be their 11th store in India. With the rise in demand for retail and apparel in the country, India can be of great benefit to Uniqlo. Watch this video as we take you on a tour of the store and its brand strategy
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Uniqlo had announced to enter Mumbai earlier this year. Its first store in Mumbai at Phoenix Marketcity, Kurla, will open on October 6, and the second store at Goregaon East is scheduled to be launched on October 20, he said.
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UNIQLO Phoenix Marketcity, Kurla, will be India's 11th physical UNIQLO store. The new store will provide a variety of LifeWear collections for men, women, kids, and newborns.
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The PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme is aimed at developing textile parks through a special purpose vehicle owned by the central and state government and in a public-private partnership (PPP) model.
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The company will open its first store on Friday, UNIQLO said in a statement.
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After the launch in Delhi, UNIQLO plans to expand in the national capital region (NCR) before considering other areas.
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The rally has been driven by many factors, including hopes of higher shareholder returns, a rise in corporate earnings, a recovery in domestic consumption and more share buying, both real and imagined, by Japanese public investors.
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Vardhman Textiles is among India's largest manufacturers of yarn, sewing threads & acrylic fiber. It manufactures for brands like GAP, H&M, Uniqlo, Benetton, Wills, Van Heusen, and Peter England.
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The Nikkei shed 0.6 percent to 16,083.30 in mid-morning trade after earlier hitting a six-year high of 16,232.69. The index was on track to end a seventh straight day of gains, its longest such run since October.
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With longtime champ Sachin Tendulkar going into retirement, Kohli‘s already impressive career is expected to skyrocket. At 24, he already has more ads on Indian television than MS Dhoni. His take last year: USD 11 million, including USD 8.5 million in endorsements for Vicks, PepsiCo, Toyota and Nestlé.
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The competition between old rivals DLF and Unitech is going to get fiercer. Both are opening malls bang opposite each other in sector 18, Noida, the area‘s retail hotspot. There is a mall here developed by the deceased liquor baron Ponty Chadha‘s Wave Group.
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Japan's Nikkei share average shed 2.3% on Wednesday in its worst performance in five months, after stop-losses were triggered on index futures, raising concern that Tokyo's sharp equities rally so far this year could be grinding to a halt.
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The Nikkei average rose on Friday after April options prices settled higher than expected, offsetting the impact of a major earthquake which rocked northeast Japan the night before.
