Because there are so many brands for buying clothes, but only the boss of UNIQLO has made the brand bigger and bigger, and it has become a world-famous brand, so Jack Ma appreciates it very much.
With the development of Uniqlo to this position, Yanai is seizing a great relationship with the Chinese market. In 1978, the Chinese mainland market had just opened up. Entering China with Uniqlo and producing clothing in mainland China.
In 1999, Uniqlo sold nearly 300 million pieces of clothing annually. At that time, Japan's population was about 130 million, which meant that every Japanese bought two Uniqlo sets that year. However, Yanai Masaya realized that there was not much room for development in Japan alone, so in 1988, Uniqlo went to Hong Kong to register.
The staff responsible for registering the trademark at that time changed the "C" of UNCLO into a "Q". Yanjing thought "Q" was cooler, so he replaced all "UNIQLO" with "UNIQLO" without hesitation. , brand style is the main fashion line.
Even Jack Ma said: I really appreciate Uniqlo. There are so many brands selling clothes, but only Liu Jing sold Uniqlo and became the richest man in Japan. To date, UNIQLO's parent company, Fast Retailing Group, has 3,445 physical stores in the global market; more than 660 in mainland China; UNIQLO's clothing sales exceed US$1 billion every year. With a wealth of US$24.9 billion, Liu Jing will once again become the richest man in Japan in 2019. This is the third time he has become the richest man.
In 2019, 70-year-old Yanai Masaru decided to resign as CEO. He will remain chairman of the board. It is understood that people who trust the CEO will not recruit "airborne troops" from outside, but from the company's top managers. Currently, Fast Retailing Group has more than 40 executive directors, including Zheng Liunai’s two sons. However, Liu Jingzhen earlier denied the news that his son was a CEO candidate.