Uniqlo’s parent company, Fast Retailing, has named Daisuke Tsukagoshi as the new president, COO and executive director of Uniqlo as the company seeks to accelerate international growth.
Tsukagoshi, currently serving as Uniqlo’s global CEO of daily operations and a board member, will succeed Tadashi Yanai, who will continue to lead the managerial decision-making and business expansion processes in his new position as executive director, chairman, and CEO of Uniqlo.
Joining the group in 2002, Tsukagoshi took on the group’s senior executive officer role in 2019 before being appointed as the global CEO of daily operations last year.
The management shuffle will take effect from September 1. The appointment marks Uniqlo’s first change in president since 2005.
“The company aims to further strengthen management function through the creation of a team that brings together managers in each market and accelerates a framework that drives the company’s teamwork-focused Zen-in Keiei management principle,” Uniqlo said in a statement.
Fast Retailing recently posted a 22 per cent jump in profit for the nine months ended May 31 as its business in China continued to recover from a pandemic slowdown. The company raised its full-year profit forecast to $2.7 billion from $2.6 billion.
