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Development course:

Uniqlo brand Fast Retailing Company was founded in 1963, when it was a small clothing store selling suits. Liu, the current chairman and general manager of the company, graduated from Waseda University with an economics major in his early years./kloc-0 joined Fast Retailing Company in August 1972, and/kloc-0 became the chairman and general manager of the company in September 1984.

1982 Liu, who is already a full-time director of the company, was inspired by the warehousing and sales model of American universities when he visited the United States. After returning to China, he proposed to try to sell clothes in clothing stores by warehousing and self-purchasing, and introduce the clothing sales model of hypermarket, so as to realize the low cost of store operation through the unique commodity planning, development and sales system.

In June, 1984, Uniqlo Warehouse Clothing Store officially opened in Hiroshima, Japan. At that time, Japan's economy was in recession, and Uniqlo's business strategy was to provide all consumers with fashionable casual clothes at low prices.

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