Global Marketing Of Uniqlo In UK market Essay Example | Topics and Well Written Essays - 3000 words

Global Marketing Of Uniqlo In UK market - Essay Example The company has got a huge research and development team which helps it to come up with latest designs and trends for producing innovative and creative fashionable clothes for the customers. Thus the company has seen a good amount of growth over the years and has improved its business process more efficient and productive expanding it to every part of the global market. The fashion industry in UK has been one of the most popular and creative industry sectors in the whole country among all other business sectors. The trends in the fashion world in UK have kept on changing with time and new innovative and creative designs have kept developing over the years. This close link has given chance to many new fashion designers to become popular in the market by knowing the latest trend and demand of the customers. This industry contributes to a huge amount to the total UK economy and the amount is approximately  £21 billion, it also creates a huge impact in increasing the spending power of other industries and thus the nearby approximate value of its total impact to the UK economy is around  £37 billion (Hollenson, 2011, pp. 56-63). This industry does employee a huge number of young people in diverse profiles thus helping the country in improving their employment status and making the economy of the country more stable. This industry in UK has got all the departments working in a very efficient manner and thus the production rate is very high and the resources are been utilised in the best possible way. The productivity rate of this industry as in whole is very high compared to other industries in UK. As a result the country’s GDP is continuously rising. Apart from other industries the fashion sector in the country has played a major impact in helping their country’s economic position rise at a constant level (Keegan and Green, 2011, pp. 45-53). The demand of latest fashion brands in the people of UK is very high as a result