U.S. blocked Uniqlo shirts over Xinjiang forced-labor concerns
Uniqlo failed to provide enough information to establish the items were not produced in part by forced labor in China’s far west Xinjiang region, according to U.S. customs.
Complaint filed in France against Uniqlo and others over Uyghurs
In the complaint, announced Friday, the aid group and its partners accuse the four of profiting from forced labor of Uyghurs, a Chinese ethnic minority.
Fast Retailing keeping eye on cotton supply amid Xinjiang controversy
CEO Tadashi Yanai said that his company, which runs the Uniqlo casual clothing chain, would immediately halt business with suppliers if forced labor is found.
SoftBank Group chief Masayoshi Son the richest Japanese: Forbes list
Son ranked 29th among the richest people in the world, with a net worth of $45.4 billion.
Japanese billionaire’s drab clothing firm becomes a sportswear sensation
Shares in Yoshio Tsuchiya’s Workman Co. have more than quadrupled since the start of 2018.
Kyoto University project aims to supply iPS cells widely at low cost
The aim of the project is to supply the cells to 1,000 patients per year at ¥1 million per person.
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 ...
Fast Retailing sharply cuts earnings outlook due to virus outbreak
Fast Retailing Co. on Thursday sharply cut its earnings outlook for its business year ending in August as the global outbreak of the new coronavirus forced the casual clothing retailer to close most of its overseas stores in Asia, Europe and North America. In its ...
Fast Retailing Co. Chief Executive Officer Tadashi Yanai is leaving SoftBank Group Corp.'s board after more than 18 years as one of the few directors with the heft to challenge Masayoshi Son. Yanai, Japan's richest man, will step down on Tuesday, according to a SoftBank ...
Uniqlo operator partners with U.N. agency in bid to improve working conditions in Asia
Fast Retailing Co. said Wednesday it is partnering with the U.N.'s International Labour Organization to improve conditions for workers in Asia, in its latest push to ensure labor protection in countries where social security systems are underdeveloped. The operator of Uniqlo casual clothing stores will ...
Billionaire Uniqlo founder Tadashi Yanai wants a woman to succeed him
Tadashi Yanai, Fast Retailing Co.’s 70-year-old billionaire founder, said he would prefer to be succeeded by a woman, adding it would be better for Asia’s largest retailer. "The job is more suitable for a woman," Yanai, the chief executive officer behind clothing giant Uniqlo, said ...
Asia's megarich took a $137 billion hit in the pocketbook in 2018
The world's fastest growing source of megawealth hit a speed bump this year. The 128 people in Asia with enough money to crack the 500-member Bloomberg Billionaires Index lost a combined $137 billion in 2018, the first time wealth in the region has dropped since ...
