TOKYO -- Uniqlo, a subsidiary of Fast Retailing, is about to transform itself from a clothing store into "social infrastructure." People around the world are finding their sense of values changing during the novel coronavirus pandemic, and support for the corporate attitude of single-mindedly pursuing growth is crumbling. As the world moves toward sustainability, Uniqlo wants to remake itself as a "more social presence," in the words of Chairman and President Tadashi Yanai.
Uniqlo makes 'social infrastructure' its new mantra
Japan's leading apparel company sees role changing during coronavirus pandemic