Lunch with the FT eats with Tadashi Yanai, owner of Fast Retailing and Uniqlo. It’s a slightly surprising interview in which both the FT editor, David Pilling, and Yanai are uncommonly frank. They discuss labor practices, Uniqlo’s potentially self-dectructive ubiquity, and globalization.
“‘Some European people tend to believe that these labourers are being exploited and deprived of their human rights and that, therefore, what they need is a strong union,’ he says, waving away imaginary agitators. ‘But in my opinion, unless each one of those labourers and all the people in Bangladesh can stand on their own feet they will have no future.’”