The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
TOKYO, Japan — SoftBank Group Corp said on Friday Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing, would resign as external board member at the end of the month after 18 years to focus on his fashion business.
An ally of SoftBank founder and CEO Masayoshi Son, the billionaire is one of only three external members of a board filled with SoftBank executives and heads of its portfolio companies.
Yanai's successor to the board is not decided, a SoftBank spokeswoman said.
Yanai, who along with Son is one of a handful of Japanese founder-CEOs who are also household names, was known for being willing to voice his dissent at some of Son's decisions.
ADVERTISEMENT
SoftBank lost one of its most outspoken voices when another outside director, Shigenobu Nagamori, founder and CEO of Nidec Corp, stepped down two years ago.
By Sam Nussey; Editior: Muralikumar Anantharaman.
Generative AI holds vast potential when it comes to streamlining HR tasks and eliminating manual work, but there are mounting worries about its tendency to magnify racial and gender biases.
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
Haein Dorin’s career began in entertainment publicity before she moved into fashion through a job at Condé Nast. She has held leadership roles at publications GQ and Highsnobiety, and joined e-commerce platform Ssense. Now, she shares her careers advice.
Discover the most exciting career opportunities now available on BoF Careers — including jobs from Burberry, Tiffany & Co. and On.