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May 10, 2025
 

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Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025
Fast Retailing's first-half sales hit record high
The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
Domino's Pizza will close 172 unprofitable outlets out of about 1,000 stores in Japan.
BUSINESS / Companies
Feb 9, 2025
Domino's pizza to close 172 outlets in Japan
The global delivery pizza chain will prioritize investments in areas that will help it improve earnings.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025
Uniqlo owner reports strong growth in Japan and Western markets
Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion.
For store managers in their first or second year at Fast Retailing, the monthly salary is set to increase to ¥410,000 from the current ¥390,000.
BUSINESS
Jan 8, 2025
Fast Retailing to raise starting monthly salary to ¥330,000
The operator of the Uniqlo casual clothing stores said that it wants to attract talented university graduates in a bid to reinforce the company's global competitiveness.
Fast Retailing’s November-ending quarter may have seen operating profit growth soften as warmer autumn-winter temperatures dented sales, even with the backdrop for consumer spending in Japan looking promising.
BUSINESS / Companies
Jan 3, 2025
Uniqlo and 7-Eleven face sales headwinds despite brighter consumer spending
Uniqlo parent Fast Retailing and Seven & i Holdings are among the first to kick off this earnings season in Asia.
In an interview in Tokyo with the BBC that was published on Thursday, Fast Retailing CEO Tadashi Yanai said the company does not source cotton from China's Xinjiang region.
BUSINESS / Companies
Nov 29, 2024
Uniqlo criticized in China after CEO says retailer does not use Xinjiang cotton
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing, said it does not source cotton from the region, which has faced allegations of forced labor.
Prices will increase for about 60% of Sukiya menu items starting Nov. 22 due to a recent rise in the price of Japanese rice, the fast-food restaurant operator Zensho Holdings said in a statement Monday.
BUSINESS / Companies
Nov 19, 2024
Sukiya operator Zensho sees shares rise ahead of beef-bowl meal price hike
Prices will increase for about 60% of Sukiya menu items starting Nov. 22 due to a recent rise in the price of Japanese rice, the company said Monday.
Workers at a garment factory in Gazipur, Bangladesh, on April 16, 2023
BUSINESS / Tech
Nov 5, 2024
AI supports fashion's climate goals, but workers may be left behind
In Bangladesh, about 60% of apparel workers, or 2.7 million people, risk losing their jobs due to automation.
Watami CEO Miki Watanabe (right) during a news conference in Tokyo on Friday
BUSINESS / Companies
Oct 25, 2024
Izakaya chain buys Subway Japan in challenge to McDonald’s
The Subway franchise has historically struggled to gain footing in the Japanese market, with just 178 locations compared to nearly 3,000 for McDonald’s.
A McDonald's Quarter Pounder hamburger. The fast-food chain has pulled the Quarter Pounder from about one-fifth of its U.S. restaurants.
BUSINESS / Companies
Oct 25, 2024
Fast-food chains hold the onions after McDonald's E. coli outbreak
The U.S. Department of Agriculture said late on Wednesday that fresh onions were the likely source of the E. coli outbreak.
Waight Keller, who designed Meghan Markle’s wedding dress, finds a different kind of luxury at a mass market brand.
LIFE / Style & Design
Oct 22, 2024
A designer moves easily from royal gowns to Uniqlo
Clare Waight Keller, who designed Meghan Markle’s wedding dress, finds a different kind of luxury at a mass market brand.
Fast Retailing booked its third consecutive year of record earnings on Thursday.
BUSINESS / Companies
Oct 10, 2024
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
Operating profit rose 31% to ¥500.9 billion in the 12 months through August from ¥381.1 billion a year earlier.
GU's first overseas flagship store opens in SoHo, New York.
LIFE / Style & Design
Sep 30, 2024
How to own something by the punk poet designer Jun Takahashi
GU, Uniqlo’s trendier sibling, is opening its first store outside Asia in SoHo, collaborating with the subversively witty Jun Takahashi of Undercover.
The Shein logo adors the company's first pop-up store in Johannesburg, South Africa, on Aug. 2.
BUSINESS / Companies
Aug 15, 2024
Seoul authorities find toxic substances in Shein and Temu products
The explosive growth has led to increased scrutiny of their business practices and safety standards, including in the EU and South Korea.
Fast Retailing’s expansion into the U.S. and Europe is paying off, with a strong performance in those markets helping to make up for a sharp deceleration in China.
BUSINESS
Jul 11, 2024
Fast Retailing’s push into western markets softens China slump
The company behind popular brands Uniqlo and GU raised its full-year forecast for operating income to ¥475 billion ($2.9 billion) from ¥450 billion.
The Shein logo on hangers at a pop-up store in Dublin on Nov. 8, 2022
BUSINESS / Companies
Jun 13, 2024
Shein steers tough course in pursuit of blockbuster London IPO
Both of the U.K.’s major political parties have met with Shein leaders, according to reports, though neither has come out in support publicly.
A branch of the Fast Retailing clothing brand Uniqlo in Tokyo
BUSINESS
Apr 12, 2024
Uniqlo operator upbeat on Europe and North America after Q2 profit miss
Fast Retailing left its full-year operating profit forecast unchanged at ¥450 billion.
Around 90% of China’s increased oil demand between 2021 and 2024 comes from chemical feedstocks, driven by the manufacturing of products such as those sold by fast-fashion retailers Shein and Tamu.
COMMENTARY / World
Apr 1, 2024
China's Shein and Temu are driving oil, not Toyota and GM
The cause behind recent a surge in China's oil demand is not to be found in people's transport habits, including car use, but in fast-fashion clothing.
A closed McDonald's in Tokyo on Friday after a tech issue forced outlets of the burger chain to shut around the world.
BUSINESS
Mar 16, 2024
Big Mac goes Big Tech — with a few hiccups
McDonald's reliance on tech backfired on Friday when an outage forced it to shut stores around the world.
A closed McDonald's in Nikko, Tochigi Prefecture, amid an outage that affected stores in Japan and abroad on Friday. The chain resumed operations on Saturday at almost all of its outlets in Japan.
BUSINESS / Companies
Mar 16, 2024
McDonald’s Japan resumes operations after outage
The recovery comes after McDonald’s was hit by a system outage that appears to have started in the Asia-Pacific region Friday.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Economists debate consumption-tax cut as Japanese politicians warm to the idea
A supermarket in Chiba. Politicians in Japan might cut the consumption tax to help households and the economy.
Two men arrested after storming Tokyo elementary school and injuring staff
Tachikawa Municipal 3rd Elementary School, where two men broke in on Thursday
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.
'Big picture thinker': Ispace CEO Hakamada on reaching the moon and dreaming of starships
Takeshi Hakamada, founder and CEO of Ispace, says his primary interest in space development is not to abandon Earth, but to protect it.
The drive for luxury: Aston Martin Asia's president explains the desire for more
While for Aston Martin, it’s all about delivering luxury, their regional president for Asia Gregory Adams' start in the auto industry in Japan was far more humble.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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