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Tadashi Yanai |
Tadashi Yanai is one of Japan’s most dynamic and innovative businessmen. After taking over his father’s suit shop in 1984 in a sleepy industrial city far from the fashionable capital, he transformed it into Uniqlo, Japan’s biggest retailer, and is now striving to make it the world’s largest. His success has made him the country's richest person, worth more than $9 billion.
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Tadashi Yanai on Forbes Asia cover |
The billionaire ,Tadashi Yanai, generously pledged 1 billion yen ($12.2 million) of his own money towards disaster relief efforts in the devastated northeastern parts of Japan .In a statement to Japan’s Nikkei stock exchange website , Yanai’s company Fast Retailing said that a total of 1.4 billion yen ($17 million) will go to helping areas hit by Friday’s earthquake and tsunami. Of this, 1 billion yen ($12.2 million) is come from Yanai personally.
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Uniqlo Singapore |
A statement on the company’s website said that this money goes to the Japanese Red Cross and other aid organizations — and that $1.2 million come from Fast Retailing employees.Fast Retailing’s popular subsidiary fashion chain Uniqlo will also be sending $8.6 million of clothing to those affected by the disaster, including jeans, outerwear, towels, and 300,000 pairs of their Heattech thermal underwear. The company will also be collecting donations to relief efforts at each of their 2,200 stores. Brands under the Fast Retailing umbrella include Uniqlo, Theory, Comptoir des Cotonniers, g.u., Princess tam.tam and Theoryworldwide.
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Uniqlo Paris |
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