Uniqlo Continues US Expansion with Addition of Forever 21 Exec.
Uniqlo's plans to open 200 stores in the US by 2020 is on track and the company just announced a series of management hires. Larry Meyer, whom they nabbed from competitor Forever 21, will be the new COO. Meyer said: "I'm very excited to join Uniqlo and to be a part of the company's next phase of growth in the U.S. Uniqlo's unique commitment to clothing innovation through technology offers distinct opportunities for growth."<
WWD speculates that Meyer is uniquely positioned to assist Uniqlo's growth in the US. He helped Forever 21 expand from 100 stores to more than 500 and launched spin-off brands like XXI Forever and the For Love 21.