is a public Japanese
multinational retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and th ...
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
.
In addition to its primary
subsidiary Uniqlo, it owns several other brands, including
J Brand
J Brand is an American denim clothing company founded in 2005 in Los Angeles, California.
Origins
J Brand was co-founded by Jeff Rudes in 2004. In 2005, J Brand officially launched at the Ron Herman Melrose Denim Bar in Los Angeles, California ...
,
Comptoir des Cotonniers
Comptoir des Cotonniers is a French contemporary fashion brand.
History
In November 2013, Fast Retailing appointed Nancy Pedot the new CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrato ...
,
GU, Princesse Tam-Tam, and
Theory
A theory is a rational type of abstract thinking about a phenomenon, or the results of such thinking. The process of contemplative and rational thinking is often associated with such processes as observational study or research. Theories may ...
.
History
The company was founded as Men's Shop Ogori Shoji in 1949, and formally incorporated as Ogōri Shōji Co., Ltd. in 1963 by Hitoshi Yanai.
In 1984, the company, which ran a menswear store in
Ube, Yamaguchi
is a city located in Yamaguchi Prefecture, Japan on the Seto Inland Sea. As of October 2016, the city has an estimated population of 168,398 and a population density of 590 persons per km2. The total area is .
History
as a modern municipalit ...
, opened a new casual-wear store named Unique Clothing Warehouse in
Hiroshima City; this was the forebear of
Uniqlo.
In September 1991, Ogori Shoji changed its name to Fast Retailing Co., Ltd., and was listed on the Hiroshima Stock Exchange in July 1994.
[''Uniqlo Syndrome''. Toyo Keizai Shinpo Sha. Tenkai Japan. ASIN: B004PYDPOK.]
In February 1999, it was listed on the first section (large companies) of the
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed ...
.
The company also owns the American brand
Theory
A theory is a rational type of abstract thinking about a phenomenon, or the results of such thinking. The process of contemplative and rational thinking is often associated with such processes as observational study or research. Theories may ...
; Fast Retailing acquired "an equity stake in
Link Theory
Theory is a New York-based men's and women's contemporary fashion label which sells clothes and accessories. The brand currently has 434 retail locations and global sales approaching $1 billion as of 2021. The company's headquarters and flagsh ...
Holdings Co Ltd, the marketer of the
Theory
A theory is a rational type of abstract thinking about a phenomenon, or the results of such thinking. The process of contemplative and rational thinking is often associated with such processes as observational study or research. Theories may ...
and
Helmut Lang Helmut Lang may refer to:
* Helmut Lang (artist) (born 1956), Austrian-born fashion designer and artist
* Helmut Lang (athlete) (born 1940), Austrian Olympic sprinter
* Helmut Lang (fashion brand)
The Helmut Lang fashion brand was created by ...
apparel brands, in 2004". It acquired the rest of the company in 2009.
In 2007, it unsuccessfully offered a bid of
US$900 million for
Barneys New York
Barneys New York Inc. is an American luxury brand founded in New York City in 1923. It has introduced major designers including Armani, Azzedine Alaïa, Comme des Garçons, Christian Louboutin, and Ermenegildo Zegna to the US market.
Barn ...
department store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...
to the
Jones Apparel Group
Nine West Holdings (formerly The Jones Group and Jones Apparel Group) is an American designer, marketer and wholesaler of branded clothing, shoes and accessories. In 2019, the company restructured under and is renamed Premier Brands Group Hol ...
.
In 2012, the company purchased an 80% stake of premium denim company
J Brand
J Brand is an American denim clothing company founded in 2005 in Los Angeles, California.
Origins
J Brand was co-founded by Jeff Rudes in 2004. In 2005, J Brand officially launched at the Ron Herman Melrose Denim Bar in Los Angeles, California ...
for US$290 million and US$10 million in advisory legal fees.
Senior leadership
Chairman
# Hitoshi Yanai (1963–1984)
# Tadashi Yanai (1984–present)
CEO
# Hitoshi Yanai (1963–1984)
# Tadashi Yanai (1984–present)
President
# Hitoshi Yanai (1963–1984)
# Tadashi Yanai (1984–2002)
# Genichi Tamatsuka (2002–2005)
# Tadashi Yanai (2005–present); second term
References
External links
English pageJapanese page
{{Authority control
Clothing retailers of Japan
Companies based in Yamaguchi Prefecture
Retail companies established in 1963
Holding companies of Japan
Companies listed on the Tokyo Stock Exchange
Companies listed on the Hong Kong Stock Exchange
Japanese companies established in 1963
Holding companies established in 1963