Research Summary

Fast Retailing

by Hirotaka Takeuchi

Description

I am conducting research on Fast Retailing, which is  a holding company in Japan best know for its UNIQLO and THEORY brands.  The company is going global in a big way and wants to be the No. 1 apparel company in the world, surpassing H&M, Zara, and GAP by 2020.  Right now, only 10% of its sales come from outside of Japan but the plan is to have 80% of its sales come from outside of Japan, with the U.S. and China being the largest growth market for UNIQLO. It created FRMIC (FR Management and Innovaiton Center) to develop 200 global managers from around the world.