Last Updated: 2019.02.28
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Growth and building a better world for the children of today.
What is our most important consideration right now? For me, it is to create new means for the children of today to live better, happier lives.
From climate change, natural resource depletion, poverty, refugees, racial discrimination, to terrorism and regional conflicts, we face a mounting number of severe issues today. The survival of the human race itself is at a stake. There is no future for us if we continue to live in the same way we did in the past. We must change the way we think... and fast.
As a leading global apparel company, it is our duty to proactively respond to society's needs and help resolve pressing social issues.
At Fast Retailing, we always question what's truly right for our society and for all of our stakeholders, and execute what we believe is truly the right thing.
But that alone is not enough to fulfil our corporate mission. The most important thing is to grow and to constantly challenge new possibilities.
We must help make the world a better place through our own operations by completely changing the way we do our business, without being caught in conventional wisdom of the past. We remain committed to that challenge.
Our LifeWear concept is a great illustration of that very commitment.
LifeWear is:
- Clothing Made for All, aiming to offer ultimate comfort that enriches one's life regardless of race, age, ethnicity, religion, disability, gender or sexual orientation.
- A "tool" that improves people's lives.
LifeWear was born from a vision that extends beyond pure fashion, seeking to help people to simplify and shape their lives. The LifeWear concept is based on an underlying commitment to make, distribute and sell only what is necessary. In short, to eliminate waste by using precious resources effectively and avoiding unnecessary tasks. With that in mind, we are striving to eradicate all unnecessary distribution and inventory, so that we can deliver the products that customers truly want, in a way that is most convenient and efficient for them. We still have some way to go, but I am confident we are on the right path.
"Unlocking The Power of Clothing."
Our sustainability statement is based on this LifeWear philosophy.
Our sustainability activities focus on six clearly defined areas: Create new value through products and services; respect human rights in our supply chain; respect the environment; strengthen communities; support employee fulfillment, and; corporate governance. This sustainability report introduces the most important initiatives we are pursuing to achieve these goals.
"Changing clothes. Changing conventional wisdom. Change the world." This is our Fast Retailing corporate statement. We must change ourselves first in order to be able to change the world. We promise to strive to help make the world a better place, beyond generations and borders, by providing joy, happiness and satisfaction through our clothes.
January 2019
Tadashi Yanai
Chairman, President and CEO
Fast Retailing Co., Ltd.
