The initial life of Tadashi was just like any one of us.
He graduated from college, but he didn't want to work with his father in his suit & tie stitching store.
So, he took a job in a supermarket.
But he didn't like it there, so he resigned and joined his father's business.
He graduated from college, but he didn't want to work with his father in his suit & tie stitching store.
So, he took a job in a supermarket.
But he didn't like it there, so he resigned and joined his father's business.
Tadashi identified an underserved market in Japan: CASUAL CLOTHES.
In 1960-70s, Japan was facing high economic growth and people were turning to high-priced designer clothes.
But no one realized the need for timeless affordable clothes
β that fit all and provide max comfort.
In 1960-70s, Japan was facing high economic growth and people were turning to high-priced designer clothes.
But no one realized the need for timeless affordable clothes
β that fit all and provide max comfort.
1οΈβ£ CHEAP PRODUCTION
β Tadashi outsourced his production from China due to the availability of cheap labour and raw material.
β And due to the high volume of production, he was able to negotiate a better price.
β Tadashi outsourced his production from China due to the availability of cheap labour and raw material.
β And due to the high volume of production, he was able to negotiate a better price.
2οΈβ£ VERTICAL INTEGRATION & SPA BUSINESS MODEL
β Uniqlo owns & controls its suppliers, distributors, and retail locations to control the entire supply chain.
β They designed their SPA business model for their core operations.
β This model enabled them to grow exponentially.
β Uniqlo owns & controls its suppliers, distributors, and retail locations to control the entire supply chain.
β They designed their SPA business model for their core operations.
β This model enabled them to grow exponentially.
β They manage all their operations from product planning, designing, manufacturing, inventory management, distribution, and marketing to final sales.
β This reduces their overall cost of operations and increases their profitability.
β This reduces their overall cost of operations and increases their profitability.
4οΈβ£ TECHNOLOGY
β Tadashi proudly claimed that, "It's not a fashion company, it's a technology company."
β Tadashi proudly claimed that, "It's not a fashion company, it's a technology company."
β They're leveraging tech at all levels: manufacturing, supply chain, and in-store experience.
β They invested heavily to make its production process more efficient and also monitor the inventory in real-time.
β They invested heavily to make its production process more efficient and also monitor the inventory in real-time.
6οΈβ£ IN-STORE EXPERIENCE
β Tadashi wanted to make their store experience like a bookstoreβs, where all the books are stacked neatly.
β Their stores are designed on the principles of simplicity and essentialism: wide aisles, bright lights, beautiful displays, and friendly staff.
β Tadashi wanted to make their store experience like a bookstoreβs, where all the books are stacked neatly.
β Their stores are designed on the principles of simplicity and essentialism: wide aisles, bright lights, beautiful displays, and friendly staff.
9οΈβ£ INCLUSIVITY & RETAIL FASHION
β In a world where every entrepreneur is trying to sell "Exclusivity", Tadashi made UNIQLO sell "Inclusivity".
β Their slogan represents everything: βMADE FOR ALLβ
β In a world where every entrepreneur is trying to sell "Exclusivity", Tadashi made UNIQLO sell "Inclusivity".
β Their slogan represents everything: βMADE FOR ALLβ
UNIQLO is the 3rd largest clothing company in the world after ZARA and H&M.
But it's not a fast fashion company.
It's a high-quality private-label casual-wear brand that "totally ignores fashion".
But it's not a fast fashion company.
It's a high-quality private-label casual-wear brand that "totally ignores fashion".
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