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Japanese clothing chain Uniqlo has become the envy of retailers worldwide.

[np_storybar title=”Hudson’s Bay in talks to bring new retailers to Canada” link=”http://business.financialpost.com/2013/04/11/hudsons-bay-co-feels-impact-of-hurricane-related-closures-at-u-s-stores/”]TORONTO • The chief executive of Hudson’s Bay Co. outlined his vision to transform the classic department store model by bringing a host of new retail brands and stores to this country, and fanned rumours of a possible deal with Japanese fashion giant Uniqlo.[/np_storybar]

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The company has exploded in the past decade, becoming Asia’s biggest clothing retailer. And Uniqlo’s leaders have ambitious goals to make the brand the leader in retail worldwide, according to The Wall Street Journal.

Uniqlo, which focuses mass-producing affordable basics in dozens of colours, got its start in the Japanese suburbs. Less than 20 years later, it’s laid its stake along swanky shopping streets in major global cities.