Uniqlo

Fast Retailing, the owner of Uniqlo amongst others, confirmed its forecasts for the 2020/21 financial year on Thursday. This is surprising at first glance, as 'motherland' Japan took stricter measures against the Covid-19 virus again a week ago.

Uniqlo launches a circular clothing line: the Japanese fashion chain collects worn items and turns them into new clothes. First up: the down jackets the brand is famous for.

Fast Retailing, the Japanese parent company of clothing brand Uniqlo, has seen continued turnover growth in the third quarter. International activities have performed particularly well.

Tadashi Yanai opened the very first Uniqlo store in Hiroshima in 1984 and still runs parent company Fast Retailing as its CEO, but he has now announced he will step down soon when he turns 70.

Japanese Uniqlo is planning to install vending machines in American airports and shopping centres. People can use these to buy the famous thin jacket, but also the “heat-retaining” shirt. 

Japanese Fast Retailing, fashion chain Uniqlo’s parent company, has managed to drastically speed up its production cycle. From now on, it will only take thirteen days to bring a design to the stores.