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Fast Retailing Co Ltd
29-06-2011, 02:52 PM. (This post was last modified: 29-06-2011, 02:53 PM by Thriftville.)
Post: #1
Fast Retailing Co Ltd
Fast Retailing (TYO:9983) (UNIQLO) To Focus on Unique Digital Media and Unveils Thailand Expansion

Sydney, June 29, 2011 (Global Fashion Wire) - Tokyo's Fast Retailing (TYO:9983) (PINK:FRCOY) owner of the popular Japanese brand Uniqlo, has unveiled its strategy to focus on unique digital media platforms and word of mouth in order to ensure worldwide growth and support the UNIQLO brand expansion.

Uniqlo is increasingly active on Facebook and Twitter, and plans to roll out online hubs in all the nations it trades in. This is because, while the web only yields 5% of Japanese sales, markets such as China hold huge potential for ecommerce growth.

Uniqlo has seen rapid growth and has quickly become an iconic fast fashion brand. With a quick succession of store openings from around the world particularly through Asia including Singapore, Malaysia and its announced intent of opening 1,000 stores around China by 2020, UNIQLO has set its sights on Thailand.

Uniqlo is to open 3 stores in Bangkok during autumn this year, the first store to become the brands largest in Southeast Asia which will open in September at CentralWorld, with the second and third stores to open during October and November.

"Uniqlo positions Thailand as a strategic market with significant business potential, as its fashion and textile market value has reached 8.6 billion yen. The Thai market is mature, supporting many exisiting brands from local players as well as highly fashion conscious global labels," commented Naoki Otoma, Managing Director of Uniqlo Asia and Japan.

Fast Retailing wants to be the world's number one clothing company by 2020 with global revenues of 5 trillion yen, up from 800 billion yen in 2010, and matching its own current annual total combined with that for Gap, Inc (NYSE:GPS), Inditex (MCE:ITX) and H&M (STO:HMB).

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14-05-2019, 05:55 PM.
Post: #2
RE: Fast Retailing Co Ltd
Hackers access data from more than 460,000 accounts at Uniqlo’s online store
* Shares of Fast Retailing traded down by about 0.6% during afternoon trade in Tokyo on Tuesday.
* The latest breach comes amid increased public scrutiny on the subject of data security, after hackers gained access to the data of hundreds of millions of people at credit ratings giant Equifax and hotel juggernaut Marriott International.

Eustance Huang
PUBLISHED 14 May 2019

Fast Retailing, the Japanese company behind the Uniqlo retail chain, announced Monday that the data of more than 460,000 customers on its online shopping sites were accessed by hackers from April 23 to May 10.

In a statement released on its website, Fast Retailing said: “It was confirmed on May 10, 2019 that an unauthorized login by a third party other than the customer occurred on the online store site operated by our company,” according to a Google translation.

The breach gave hackers access to customers’ data including their names, addresses and contact details. The company acknowledged that partial credit card information “may have been browsed,” though “there is no possibility of leakage” in credit card security codes.

Investigations into the extent of the data hack continue. In the meantime, the Japanese retailer has encouraged its online store customers to set passwords that are unique and not easily guessable, in order to lower the likelihood of hackers accessing accounts successfully.

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