Uniqlo boss hopes big raises shake up stale corporate culture

Fast Retailing's Tadashi Yanai to lure digital talent from U.S. tech giants

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Tadashi Yanai, the president and chairman of Fast Retailing, speaks to Nikkei in Tokyo on Jan. 20. (Photo by Mayumi Tsumita)

YUKINORI HANADA, Nikkei staff writer

TOKYO -- Fast Retailing CEO Tadashi Yanai hopes the recent decision to raise wages by up to 40% helps Uniqlo and the company's other retailers break a staid status quo, he told Nikkei on Friday.

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