Uniqlo, Zara, H&M sales exceed W1tr
May 21, 2014
A Uniqlo store in Jamsil-dong, Seoul. (Bloomberg)The sales of Uniqlo, Zara and H&M, known as the troika of specialty store retailers of private label apparel (SPA), surpassed 1 trillion won ($974 million) last year in South Korea, the Financial Supervisory Service said Wednesday. The figure is up some 30.7 percent from the previous year, suggesting that the SPA market is still in its heyday despite a dull forecast by market insiders. According to the report, Uniqlo reported 694 billion won in sa