Friday, November 18, 2016

Fast Retailing CEO Not Interested in J. Crew, Other Acquisitions

Image result for uniqloFast Retailing Co. aims to reach 3 trillion yen ($27 billion) in sales without making major acquisitions, its chief executive said, rejecting speculation that Asia’s biggest apparel maker would look to overseas deals to accelerate growth.

Tadashi Yanai, chief executive of the company known for its Uniqlo stores, also weighed in on the U.S. presidential election, saying he was dismayed by the victory of Donald Trump and might revise his U.S. strategy unless Republicans disavow the “America first” stance Mr. Trump took during the campaign.. . . more

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