Japanese billionaire Tadashi Yanai says America's image is being broken

Japanese billionaire Tadashi Yanai says America’s image is being broken

“America’s image is broken,” Tadashi Yanai, CEO of Uniqlo Fast Retailing, He told CNN Business In an exclusive interview. “I really hope this has a positive impact in the long run, just like the civil rights movement.”
Yanai, 71, is the largest billionaire in Japan and one of the richest people in the world. As the largest shareholder of Fast Retailing, Asia’s largest clothing retailer, his net worth is around $ 31.3 billionAccording to Bloomberg.

Yanai said that the company’s operations in American cities such as New York, Philadelphia, San Francisco and Los Angeles had been “hit hard” in recent weeks as protests erupted across the country over the death of George Floyd.

“It shows the extent of the damage done to the spirit of the United States. The political situation cannot be defended. It is not working.” “There must be a stronger desire to take positive civil action when there are social problems. It is wrong to continue to ignore them like some of them now.”

Like many other companies, Fast Retailing also uses the ongoing crisis, plus Corona pandemic virusThe CEO said, “As a catalyst for change.”

“What is necessary? What is not necessary? Why are we at work? We are asked these basic questions,” he said. “As a company, we ask ourselves why we are.”

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