Japanese clothing retailer Uniqlo has quickly found huge popularity in China based on an ethos of high quality at affordable prices. It has been steadily building its presence in China over the last decade, and now has ambitious plans to accelerate its growth, most notably through a bold expansion in its number of shops. That might seem sensible given its growing popularity—revenue soared by 21% between August 2014 and 2015 across Uniqlo globally, largely driven by an increase in Greater China revenues of 46% and operating profit of 66%. But is it now at risk of over-reaching itself, particularly given the slowing Chinese economy?
Mao Jihong, founder and president of Mixmind Art & Design Co., Ltd., is known internationally for establishing the first and most successful Chinese luxury brand Exception de Mixmind. Mao’s success stems from his engagement with Chinese culture, and his persistence in establishing an authentic value and aesthetic system that is original yet with international appeal. […]