According to “Nikkei Chinese Network” report, Uniqlo’s parent company Fast Retailing Group plans to increase the maximum annual salary for social recruitment to 1 billion yen (approximately RMB55.4 million million), far exceeding the average annual salary of Japanese corporate social recruitment200times more. The annual salary shown in the 2021 annual financial report of Fast Retailing President Masa Yanai is only 4 billion yen (Approximately RMB 2216 million yuan).
According to2021 annual financial report, Fast Retailing has more than 5 employees worldwide. Among them, there are approximately 1,600 more employees at the headquarters, with an average annual salary of 963yen (approximately RMB5310,000 yuan).
Yanai was interviewed by “Nihon Keizai Shimbun” and pointed out: “What we need is not consultants and people from large companies, but people who can create New value or someone who can make something from scratch”. At the same time, there is no cap on the number of hires. Yanai Masaru said: “We will target talented people who are better than me. If there are good talents, we are ready to recruit 100to200people”
Masa Yanai further stated that will recruit talents who work at Fast Retailing headquarters and are proficient in digitalization, e-commerce transactions and supply chains, change the revenue structure centered on clothing production and sales, and establish a new Business model. He also emphasized that Fast Retailing’s future competitors will change from similar fast fashion brands to Google, Apple, Meta (formerly Internet companies represented by Facebook) and Amazon.
UNIQLO will further increase its investment in digital transformation
In fact, as early as 2016 Fast Retailing Group proposed to become “ Digital apparel retailer”’s mid-term vision, and continues to carry out supply chain reforms in all aspects from raw material procurement to planning, design, production and retail.
In 2017, Fast Retailing officially opened its Ariake headquarters in Tokyo, which not only includes the headquarters of its brands, but also has multiple floors of automated warehouses dedicated to e-commerce. Since then, Fast Retailing has begun to promote the “ Ariake Project“, including developing products based on customer feedback, forecasting demand, Manage inventory meticulously to shorten production cycle. In addition, there are channel reforms such as the introduction of automated warehouses and online and offline integration.
According to recent news from Nikkei Chinese website, Fast Retailing Group is building state-of-the-art warehouses in major markets around the world that can automate product sorting and incoming and outgoing goods. It is expected that the automatic warehouse will be launched in China in 2022 fiscal year, with a total investment of 100 billion yen (approximately RMB 5.5 billion yen).
Judging from the news of this high-paying recruitment, UNIQLO will further increase its investment in digital transformation, especially at the strategic level.
Image source: Fast Retailing Group
The aforementioned flexible quick response was developed based on retail needs to reduce inventory“Flexible Quick Response
Akaida Maki
Masa Yanai, who has been thinking about retiring since the age of 65, seems to be in 2020 He gave up the idea of retirement. Although he still regards cultivating the next generation of leaders as his most important job at the moment, and revealed that his ideal successors are women because they are tough enough and pay more attention to details and aesthetics, he also emphasized that the founder of a company Never truly retiring, his passion for the business remains as strong as ever.
What makes Yanai Tadashi anxious is that Zaraparent companyInditex founder of the groupAmancio Ortega’s 37-year-old daughterMarta Ortegawill be 4Yue succeededPablo Isla as the new chairman, and H&M Group is alsoIn 2020, the reins were handed over to the second generation of the founding family. The current chairman of the groupKarl-Johan Persson is46years old, CEOHelena Helmersson is48years old
Karl-Johan
To make matters worse, Shu Hungone of the people behind the co-branded series between UNIQLO and many designers or artists In May joined Everlane, an American environmentally friendly fashion brand that has been benchmarking Uniqlo, as global creative director, responsible for supervising the brand’s creative team, including advertising. Creativity and brand image, etc., are tantamount to a heavy blow to Yanai Masaru, who has always regarded talents as his most important assets.
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