David Fickling, Columnist

Not So Fast

Fast Retailing's headlong pursuit of top-line growth is becoming harder to justify.

October 14, 2016 at 3:08 AM UTC

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times.

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Tadashi Yanai is a man in a hurry.

The Fast Retailing chairman has said he wants to make the owner of Uniqlo the world's biggest seller of clothing, and has long yearned to hit a target of 5 trillion yen ($48 billion) in annual sales by 2020. Now that he's admitted that's not going to be achievable, how's he going to cope with an era of lower growth?