 | |
Native name | 株式会社ファーストリテイリング |
|---|---|
Romanized name | Kabushikigaisha Fāsutoriteiringu |
| Company type | Public |
| TYO:9983 SEHK: 6288 TOPIX Large 70 Component | |
| ISIN | JP3802300008 |
| Industry | Retail |
| Founded |
|
| Founder | Hitoshi Yanai |
| Headquarters | , |
Area served | Worldwide |
Key people | Shimpei Otani (CTO) Makoto Hoketsu (CIO) |
| Products | Clothing,accessories |
| Revenue |  ¥2,130 billion (FY2018)[1] |
| ¥236 billion (FY2018)[1] | |
| ¥1,050 billion (FY2018)[1] | |
| Total assets | ¥1,953 billion (FY2018)[1] |
Number of employees | 52,839 (2018)[2] |
| Subsidiaries |
|
| Website | www |
Fast Retailing Co., Ltd. (Japanese:株式会社ファーストリテイリング,Hepburn:Kabushikigaisha Fāsutoriteiringu) is a public Japanesemultinationalretailholding company.[3] In addition to its primarysubsidiaryUniqlo, it owns several other brands, includingJ Brand,Comptoir des Cotonniers,GU, Princesse Tam-Tam, andTheory.
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.[4]
In 1984, the company, which ran a menswear store inUbe, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse inHiroshima City; this was the forebear ofUniqlo.[5]
In September 1991, Ogori Shoji changed its name to Fast Retailing Co., Ltd., and was listed on the Hiroshima Stock Exchange in July 1994.[5]
In February 1999, it was listed on the first section (large companies) of theTokyo Stock Exchange.[5]
The company also owns the American brandTheory; In 2004, Fast Retailing acquired "anequity stake inLink Theory Holdings Co., Ltd., the marketer of theTheory andHelmut Lang apparel brands".[6] It acquired the rest of the company in 2009.
In 2007, it unsuccessfully offered a bid ofUS$900,000,000 forBarneys New Yorkdepartment store to theJones Apparel Group.
In 2012, the company purchased an 80% stake of premium denim companyJ Brand forUS$290,000,000, plusUS$10,000,000 in advisory legal fees.[7]
