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| products = [[Clothing]], [[Fashion accessory|accessories]]
| products = [[Clothing]], [[Fashion accessory|accessories]]
| services =
| services =
| revenue = {{increase}} [[Japanese yen|¥]]1,143&nbsp;[[1,000,000,000|billion]] (FY2013)<ref name="financials2013">{{cite web |url=http://www.fastretailing.com/eng/ir/financial/statement.html |title=5 years Financial Summary &#124; FAST RETAILING CO., LTD |publisher=Fast Retailing Co., Ltd. |accessdate=March 30, 2014}}</ref>
| revenue = {{increase}} [[Japanese yen|¥]]1,143&nbsp;[[1,000,000,000|billion]] (FY2013)<ref name="financials2013">{{cite web |url=http://www.fastretailing.com/eng/ir/financial/statement.html |title=5 years Financial Summary &#124; FAST RETAILING CO., LTD |publisher=Fast Retailing Co., Ltd. |accessdate=March 30, 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20140214022148/http://www.fastretailing.com/eng/ir/financial/statement.html |archivedate=February 14, 2014 |df= }}</ref>
| operating_income = {{increase}} ¥132&nbsp;billion (FY2013)<ref name="financials2013"/>
| operating_income = {{increase}} ¥132&nbsp;billion (FY2013)<ref name="financials2013"/>
| net_income = {{increase}} ¥90&nbsp;billion (FY2013)<ref name="financials2013"/>
| net_income = {{increase}} ¥90&nbsp;billion (FY2013)<ref name="financials2013"/>
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In February 1999, it was listed on the first section (large companies) of the [[Tokyo Stock Exchange]].<ref name="uniqlo syndrome"/>
In February 1999, it was listed on the first section (large companies) of the [[Tokyo Stock Exchange]].<ref name="uniqlo syndrome"/>


The company also owns the American brand [[Theory (brand)|Theory]]; Fast Retailing acquired "an equity stake in [[Link Theory]] Holdings Co Ltd, the marketer of the [[Theory (brand)|Theory]] and [[Helmut Lang (fashion brand)|Helmut Lang]] apparel brands, in 2004".<ref>[http://www.just-style.com/factsheet.aspx?ID=156/ "Apparel and textile industry factsheets"].</ref> It acquired the rest of the company in 2009.
The company also owns the American brand [[Theory (brand)|Theory]]; Fast Retailing acquired "an equity stake in [[Link Theory]] Holdings Co Ltd, the marketer of the [[Theory (brand)|Theory]] and [[Helmut Lang (fashion brand)|Helmut Lang]] apparel brands, in 2004".<ref>[http://www.just-style.com/factsheet.aspx?ID=156/ "Apparel and textile industry factsheets"]{{dead link|date=September 2017 |bot=InternetArchiveBot |fix-attempted=yes }}.</ref> It acquired the rest of the company in 2009.


In 2007, it unsuccessfully offered a bid of [[United States dollar|US$]]900 million for [[Barneys New York]] [[department store]] to the [[Jones Apparel Group]].
In 2007, it unsuccessfully offered a bid of [[United States dollar|US$]]900 million for [[Barneys New York]] [[department store]] to the [[Jones Apparel Group]].

Revision as of 16:26, 28 September 2017

Fast Retailing Co., Ltd.
株式会社ファーストリテイリング
Company typePublic KK
TYO: 9983
SEHK6288
TOPIX Large 70 Component
IndustryRetail
Founded
  • 1963 as Ogori Shoji Co., Ltd. (Ube, Yamaguchi, Japan)
  • 1984 as Fast Retailing Co., Ltd. (name change)
FounderTadashi Yanai
Headquarters,
Japan
Area served
Worldwide
Key people
ProductsClothing, accessories
RevenueIncrease ¥1,143 billion (FY2013)[1]
Increase ¥132 billion (FY2013)[1]
Increase ¥90 billion (FY2013)[1]
Total assetsIncrease ¥885 billion (FY2013)[1]
Total equityIncrease ¥579 billion (FY2013)[1]
Number of employees
41,646 (2015)[2]
Subsidiaries
Websitewww.fastretailing.com/eng

Fast Retailing Co., Ltd. (株式会社ファーストリテイリング, Kabushiki Kaisha Fāsuto Riteiringu) is a public Japanese retail holding company. In addition to its primary subsidiary Uniqlo, it owns several other brands, including J Brand, Comptoir des Cotonniers, G.U., Princesse Tam-Tam, and Theory.

History

The company was founded as Ogori Shoji Co., Ltd. in 1963 by Tadashi Yanai.

In 1984, the company, which ran a menswear store in Ube, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse in Hiroshima City; this was the forebear of Uniqlo.[3]

In September 1991, Ogori Shoji changed its name to Fast Retailing Co., Ltd., and was listed on the Hiroshima Stock Exchange in July 1994.[3]

In February 1999, it was listed on the first section (large companies) of the Tokyo Stock Exchange.[3]

The company also owns the American brand Theory; Fast Retailing acquired "an equity stake in Link Theory Holdings Co Ltd, the marketer of the Theory and Helmut Lang apparel brands, in 2004".[4] It acquired the rest of the company in 2009.

In 2007, it unsuccessfully offered a bid of US$900 million for Barneys New York department store to the Jones Apparel Group.

In 2012, the company purchased an 80% stake of premium denim company J Brand for US$290 million and US$10 million in advisory legal fees.[5]

See also

References

  1. ^ a b c d e "5 years Financial Summary | FAST RETAILING CO., LTD". Fast Retailing Co., Ltd. Archived from the original on February 14, 2014. Retrieved March 30, 2014. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  2. ^ "Overview | FAST RETAILING CO., LTD". Fast Retailing Co., Ltd. Retrieved March 8, 2016.
  3. ^ a b c Uniqlo Syndrome. Toyo Keizai Shinpo Sha. ISBN 4-492-76191-8 Tenkai Japan. ASIN: B004PYDPOK.
  4. ^ "Apparel and textile industry factsheets"[permanent dead link].
  5. ^ Li, Shan. "Fast Retailing buys majority stake in L.A. denim line J Brand". LA Times.