Fast Retailing U-turn as Ukraine conflict worsens
Fast Retailing, the owner of brands including Uniqlo and Gu, has announced a dramatic U-turn on its decision to stay in Russia.
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Fast Retailing, the owner of brands including Uniqlo and Gu, has announced a dramatic U-turn on its decision to stay in Russia.
Shoe factory owner ranked Taiwan’s richest person Staff writer, with CNA Zhang Cong-yuan (張聰淵), founder of contract shoemaker Huali Industrial Group Co Ltd (華利集團), has taken the title of Taiwan’s richest person, with a net worth of US$13.8 billion, Forbes announced in its Taiwan’s Richest 2021 list. It was the first time that the low-key, self-made tycoon ranked No. 1 on Forbes’ list of the top 50 billionaires in Taiwan. Huali Industrial, which owns production facilities in China, Vietnam and the Dominican Republic, supplies international customers such as Nike Inc, Pu...