Tadashi Yanai built and runs Tokyo-listed retail clothing empire Fast Retailing, parent of the Uniqlo chain. Fast Retailing’s other brands include Theory, Helmut Lang, J Brand and GU. The company reported net profit of $853 million for the fiscal year ended August 2020 on revenue of $19 billion. It has forecast a 10% increase in revenue and an 83% rise in net profit for fiscal 2021, based on rising sales of its everyday clothes and masks. Yanai wants his company to become the world’s largest retailer, which means it would have to surpass H&M and Inditex (parent of Zara).
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