Tadashi Yanai, Japan's richest man, eyes Inditex
Fast Retailing, the parent company of Uniqlo, closed its last financial year with a record profit of 3 billion euros and is growing faster than the Galician company.
Tadashi Yanai, born in 1949 in Ube, Japan, disliked the colorful children's clothing his father brought home. He hated drawing attention to himself. Years later, he built an empire around simple and functional fashion with Fast Retailing, the parent company of Uniqlo. The company reported record results in August and is focused on its main competitor. Yanai is now one of the most well-known figures in the sector and the richest man in Japan.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
