Last Updated: 2022.03.10
Fast Retailing Statement Regarding UNIQLO Operations in Russia
FAST RETAILING CO., LTD.
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While continuing our UNIQLO business in Russia, it has become clear to us that we can no longer proceed due to a number of difficulties. Therefore, we have decided today to temporarily suspend our operations.
Fast Retailing is strongly against any acts of hostility. We condemn all forms of aggression that violate human rights and threaten the peaceful existence of individuals.
Our company mission is centered around offering the general public basic, affordable clothes that are made for everyone. We believe it is our responsibility to provide such essential items to all, including those affected by conflict, natural disasters and other devastations. Last week we announced a donation of US$10 million and clothing through our longstanding global partnership with UNHCR. In addition, our employees in Europe have been helping deliver clothing to affected people fleeing from Ukraine.
UNIQLO has made everyday clothing available to the general public in Russia too, as part of our mission. However, we have recently faced a number of difficulties, including operational challenges and the worsening of the conflict situation. For this reason, we will temporarily suspend our operations.
Our thoughts are with the people who are suffering today, and we will do whatever we can to support them during these very tragic times. We wish for the return of peace and stability as quickly as possible.
Details of Fast Retailing's latest donation to UNHCR are available here.
