thats the view here in Japan.
great for basics but many people especially young don't stock up on uniqlo because they it will break easily and also because the style is too recognizable, so some feel embarrassed if people find out it is from uniqlo. but foreigners really love it.
on other hand, japanese really love gap, hollister and abercrombie (middle age people wear it!) while Americans dont like it. it is interesting how opposite the US and Japan is.
the problem is while many Japanese love US brands, they feel the size dont fit, so they go to brands like United Arrows, ABAHouse that is really expensive for what you get ($50 for a t-shirt is too much). on the other hand you have brands like GU that are the other extreme (Uniqlo's sister brand) that is very popular among the young people and super cheap ($3 shirts during sales!).. but quality is bad. i bought a short there and the color bleeds even after 3 washes.