Fast Retailing, parent company of the Japanese-based casual wear label Uniqlo, has spoken out in defense of its decision to continue operating in the Russian Federation, as international businesses have faced increasing pressure to cut off Russian markets in protest of that country’s invasion of Ukraine. On Monday, Fast Retailing president Tadashi Yanai defended the company’s decision to keep its 49 Russian stores open amidst the ongoing war. “Clothing is a necessity of life,” Yanai said in a series of remarks to the Japanese newspaper Nikkei. “The people of Russia have the same right to live as we do.” Despite remaining steadfast in his decision to continue operating in Russia, Yanai expressed opposition to the invasion and solidarity with the people of Ukraine. “There should never be war. Everyone should oppose it. This time, all of Europe clearly opposes the war and has sown its support for Ukraine. Any attempt to divide the …
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