Interview with Uniqlo’s Tadashi Yanai
CNN have an interesting interview with the founder of Uniqlo, Tadashi Yanai. On the ‘fashion’ comparison with GAP he says:
I think there are similarities between GAP and us. GAP is an American company selling American clothes, we’re a Japanese company selling Japanese clothes. We have a different origin. We’re not selling the American lifestyle, we’re selling universal clothes in parts that anyone can put together in their own style.
Tadashi Yanai also argues that the management style and how he thinks that classic Japanese management style needs to change to remain competitive. Companies need to set high hurdles for themselves – high enough so that you may or may not overcome it even with the best plan.