Dive Summary:

• Uniqlo USA has named a new CEO of the company to help lead its aggressive brick-and-mortar expansion efforts.
• Former Uniqlo COO Lawrence Meyer has been promoted to the new executive position after joining the company last year.
• Uniqlo currently controls 17 retail store spaces inside the U.S. with over 1,000 locations worldwide.

Dive Insight:

Building a U.S.-based executive team is a very important step in the next phase of our expansion in the United States, and his promotion is a logical step,” said Tadashi Yanai with Fast Retailing. Meyer has held previous executive roles with Forever 21 and Toys “R” Us before joining Uniqlo just one year ago. He will help coordinate and lead Uniqlo’s accelerated U.S. expansion efforts.