UK chief executive, Uniqlo
Takao Kuwahara’s aim for Uniqlo is to be “the number one retailer in our sector in the next eight years”. Only a few months into the role, the chief executive has big ambitions, despite widening losses in the last set of results, attributed to a combination of a change in accounting estimates and restructuring costs. But he believes Uniqlo’s simply designed, quality basics and revered denim (one high-end denim supplier raves about it) can still be a winner in the UK and insists the business will make a profit in the next fiscal year.
What he says… “Our competitor is Apple. We don’t see ourselves as having competitors in the fashion-retailing space.”
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