Home / Knowledge / News / Apparel/Garments / Fast Retailing strives to take the world in its stride
Fast Retailing strives to take the world in its stride
05
Dec '08
FAST RETAILING Chairman, President & CEO - Tadashi Yanai
FAST RETAILING Chairman, President & CEO - Tadashi Yanai
Message of Fast Retailing Chairman, President & Chief Executive Officer: Tadashi Yanai

Three years on and we can see just how significant the drive and commitment from our entire staff has been to transform FAST RETAILING into a global group company with a renewed venture spirit. This is the locomotive to fuel new growth for our company, and over the past year it has proved an undeniable success.

FAST RETAILING enjoyed a strong business performance in the year to August 2008 with both revenue and profit rising significantly, largely on the back of favorable results at UNIQLO Japan. Our designers and merchandisers took customer needs fully on board and incorporated them into product development. That led to a significant breakthrough for our HEAT TECH Innerwear range and the huge success of our Bra Top products. Over the past year, we feel that customer support and respect for UNIQLO materials and products has increased markedly.

UNIQLO International is now operating in the UK, USA, China, South Korea and France. The business segment overall posted its first profit this year. The success of our New York global flagship store has proved one of the main reasons for this financial performance, and has also helped UNIQLO earn recognition as a global player. Another key factor is that customers around the world now value and respect UNIQLO's high quality basic casual clothes.

We have begun simultaneous global advertising activities to demonstrate the merit of UNIQLO's unique HEAT TECH functional materials, starting with our HEAT TECH Global Marketing in winter 2008. Today, national borders have all but disappeared from the world market, and information can spread and be spread around the entire world in an instant. Our future challenge is to transform UNIQLO itself into a true global operation, aiming for nothing less than the world's top slot.

Our Japan Apparel firm CABIN CO LTD turned a profit in the year to August 2008. In addition, we merged three of the segment's other companies, low-cost casual clothing developer G.U. CO LTD, and footwear retailers ONEZONE CORPORPATION and VIEWCOMPANY CO LTD, to form GOV RETAILING CO LTD. in September 2008, and we are now looking forward to a swift shift into the black there. But we are not just looking to reform their existing operations. Instead, by utilizing UNIQLO's wealth of experience, knowledge and high quality personnel, we are looking to create entirely new footwear and apparel businesses that could develop into our second and third UNIQLO-type successes.

Our future goal is to become one of the world's most respected, quality global companies. We will further polish and refine our FAST RETAILING and UNIQLO businesses and strive to transform each and every one of the FAST RETAILING Group operations into world-class companies. Our mission is to become a single, united worldwide corporate group with its origins in Japan and with quality management the envy of the world.

Fast Retailing


Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X