Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Uniqlo Founder Resigns as SoftBank Board Member

Uniqlo founder Tadashi Yanai will step down from SoftBank's board at the end of this month.
Uniqlo founder Tadashi Yanai | Source: Nik van der Giesen for BoF
By
  • Reuters

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.

WF6AKN4F5RCK7OJGVWGZOCNOSQ

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Workplace & Talent
Analysis and advice on the future of work, careers and management.

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Gucci, Simone Rocha and Bloomingdale’s.


How Retail Store Employees Should Upskill Today

The nature of working in retail is changing at pace as the purpose of stores continues to evolve. BoF Careers examines how in-store employees can hone and develop their skill sets for success in retail or its adjacent industries, sharing expertise from retail leaders and fashion executives who began their careers on the shop floor.


Introducing BoF Careers Executive Search

A tailored recruitment service offering specialist support to secure top-tier talent for your open roles — from entry-level to C-suite positions across fashion, retail, luxury and beauty.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024