a fall in the fair value of outstanding derivative contracts.
Before the crisis the loans and advances to banks increased very much between 2005 and 2006 as a consequence of the stability of the credit quality. However, during the crisis there was a 29% decline in loans and advances to banks that occurred mainly in Hong Kong and the UK where Balance Sheet Management invested a greater propor
management of overall group activities as owner and holding company
1.2 About Fast Retailing
Fast Retailing Co., Ltd. is a holding company. The specialty retailer UNIQLO is the Group's mainstay operation, and it has enjoyed strong growth by offering high-quality casualwear at reasonable prices based on its SPA (Specialty store retailer of Private label Apparel) business model, which spans pr
management systems that UNIQUE had make use of to be competitive. Lastly, this report will discuss the potential innovative ways that UNIQLO can achieve its goal of becoming a global brand that transcends cultural boundaries
1. Introduction of UNIQLO
1.1 Company Overview
Name : FAST RETAILING CO., LTD.
Established : May 1, 1963
Head Office : 717-1 Sayama, Yamaguchi City, Yamaguchi 75
a machinery repair to machinery producer.
In addition, the majority of the workers in direct department are working with tacit knowledge accumulated during long work experience. Therefore, the workers rely on the skills and management of upper layer workers. However, company's training ability for increasing upper worker’s expertise is not sufficient.
(2)Lack of motivation for participation
trendy design, cheap prices, rapid turnover of goods and low inventory.
General fashion industry releases new seasonal goods. On the other hand, fast fashion industry releases new goods once in two weeks. They can show a variety of designs as they hired general designers instead of a few star designers.