Japanese clothing retailer Uniqlo is celebrating its 40th year since its founding with booming sales that recently topped 3 trillion yen, or about $20 billion, annually for the first time
TOKYO --
A: Actually 40 years, upon reflection, went by so fast they feel more like three years. You know what they say in Japan: Time flies like an arrow. I started a regional business, then expanded nationwide. The cashmere sweater I’m wearing today is $99. But please don’t say “cheap.” Please call it “reasonable.” We sell quality products at reasonable prices.Sustainability is crucial to our operations. And we’ve done just about everything — recycling, employing the disabled, support for refugees.
But what we mean is a high-quality product that appeals to all people, including the extremely rich, not only those with sophisticated taste and intelligence, but also people who don’t know that much about clothes, and the design is fine-tuned, the material fine quality, and sustainability concerns have been addressed.
Business World News General News Lifestyle Article 115960561
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia fines Google $20 decillion - or around $20 billion trillion trillionGoogle reportedly owes the Kremlin more than 2 undecillion rubles.
Read more »
Uniqlo's chief says fast fashion must change with the timesJapanese clothing retailer Uniqlo is celebrating its 40th year since its founding with booming sales that recently topped 3 trillion yen, or about $20 billion, annually for the first time. The name Uniqlo came about by putting together the words for “unique” and “clothing.” The chain’s basic concept is “LifeWear,” or everyday clothing.
Read more »
Amazon debuts discount store with everything under $20 to take on Temu and SheinCalled “Amazon Haul,” the storefront is accessible through the company’s mobile app, and it promises “crazy low prices” on a…
Read more »
Russia fines Google $20 decillion, more than the world's GDPDavid Hodari is a London-based editor.
Read more »
Amazon introduces Amazon Haul, a budget-friendly service: What to knowAmazon Haul offers a variety of items priced at $20 or less.
Read more »
Amazon launches 'Haul' to US customers with deals under $20, many under $10Amazon is positioning 'Haul' as a go-to option for shoppers looking to stretch their budgets.
Read more »