Fast Retailing chief to donate ¥10 billion for medical research

Business Jun 24, 2020

Fast Retailing chief to donate ¥10 billion for medical research

Fast Retailing Co. Chairman and CEO Tadashi Yanai said Wednesday he will donate ¥10 billion ($94 million) to Kyoto University to support its medical research under two Nobel Prize winners, Tasuku Honjo and Shinya Yamanaka. The chief of Fast Retailing, the operator of the Uniqlo ...

Uniqlo unveils new flagship store in Tokyo's Ginza district

Business / Corporate Jun 18, 2020

Uniqlo unveils new flagship store in Tokyo's Ginza district

Casual clothing chain Uniqlo Co. unveiled to the press on Thursday its new flagship store in Tokyo's upscale Ginza shopping district, ahead of the store’s grand opening the following day. Uniqlo Tokyo, a four-story outlet conceptualized by famous designer Kashiwa Sato and refitted in an ...

Uniqlo Sales in Japan fall a record 56.5% in April

Business / Corporate May 8, 2020

Uniqlo Sales in Japan fall a record 56.5% in April

Fast Retailing Co. has said that domestic same-store sales at its Uniqlo casual wear chain in April fell 56.5 percent from a year before, the largest single-month drop since the company started to release data in September 1996. The plunge came as many Uniqlo stores ...

Fast Retailing closing all Uniqlo stores in U.S. amid virus spread

Business Mar 17, 2020

Fast Retailing closing all Uniqlo stores in U.S. amid virus spread

Fast Retailing Co. said it will temporarily close all 50 of its Uniqlo-brand casual fashion outlets in the United States starting Tuesday due to the spread of the coronavirus. The move comes after retailers including Nike Inc. and Lululemon Athletica Inc. announced similar closures as ...

Half of Uniqlo, Muji stores closing in virus-hit China

Business / Corporate Feb 8, 2020

Half of Uniqlo, Muji stores closing in virus-hit China

Retailers are expanding outlet suspensions in China amid the unfolding coronavirus crisis, with about half of the Uniqlo apparel and Muji household goods stores there being shut. Fast Retailing Co. has closed about 370 of its 750 Uniqlo outlets in China, up from about 160 ...