The entry of Japanese fashion brand Uniqlo, a global rival to Zara and H&M, is likely to be delayed by up to two years, a source said.
The brand was planning to open stores in India in 2018 and had held discussions with mall developers in Mumbai and the National Capital Region (NCR) earlier this year.
Before that, it had held discussions with apparel major Arvind for a tie up, but had changed its plans to enter India on its own, sources said.
“They met us to open stores but we have not heard anything from them in the past six months. They