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Uniqlo appoints first female CEO for its Japan business

Clothing chain is known for its commitment to promoting women

Managing Uniqlo's domestic operations as Japan's population shrinks is expected to be the top challenge for the new CEO. (Photo by Ken Kobayashi)

TOKYO --- Casualwear retailer Uniqlo has promoted a former manager of a busy Tokyo store to take charge of operations in its home market of Japan, where population decline makes maintaining earnings a challenge.

Maki Akaida, a 40-year-old group senior vice president at parent company Fast Retailing, assumed the role of CEO for Uniqlo's Japanese business this month.

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