Uniqlo, which was founded in 1949 in Yamaguchi, Japan, was created to be a textiles manufacturer, per its website, and has since grown into a renowned brand with more than 1,000 stories globally.

The name is pronounced "YOU-nee-klo" in English. In the early 1990s, the Japanese economy hit a major slump. And Uniqlo's cheap clothes got popular fast. The Japanese economic downturn is often ...