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The Billionaire behind Uniqlo

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Published on : May 20, 2015

The founder of Uniqlo and the richest man in Japan reveals his plans about taking over the world, acquiring one store at one time.

As per Forbes, 66 year old Tadashi Yanai, the richest man in Japan founded and owns the clothing retailer Uniqlo and the parent group, Fast Retailing. 

Having 100 nominees in 2013, he made some big moves and declared to make the umbrella company the largest clothing retailer in the world by the year 2020, having revenue of US$27 billion.

The star of Fast Retailing is Uniqlo. The group boasts of 836 retail stores in Japan, 39 in America, 416 in Greater China, and 27 in Europe. On an average, there is an opening of one store every week in some part of the world.

London that has all the 10 Uniqlo stores in UK, the Japanese clothing company has filled the need, where Gap was the brand name for quality basics.

For the modern and informed consumer, ‘basics’ encompasses luxury textiles such as silk, premium linen, and cashmere, all that are sold by Uniqlo. The Ultra Light Down jackets, which easily slip in between an overcoat and knit, or go well on its own with denim are basic necessities. The jacket works wonders by its great design for myriad of shoppers, who use them including the French super model Inès de La Fressange.

Thermal underwear may be a traditional basic, but Uniqlo brand winter-warming vests, leggings, and T-shirts that are created in collaboration with product innovation mammoth Toray are futuristic. Similarly Airism, is a range of clothing to keep cool in the warm climates in Asia.