Uniqlo Defends Decision to Remain Open in Russia

Uniqlo Defends Decision to Remain Open in Russia
Pedestrians walk in front of a shop of Japan's Uniqlo-operator Fast Retailing in Tokyo, Japan, on July 15, 2016. Kazuhiro Nogi/AFP/Getty Images
Nicholas Dolinger
Updated:

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.