Tadashi Yanai

Businessman

1949-02-07

Quotes by Tadashi Yanai

• Opening new stores outside of Japan is important, but training our employees is even more important.

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• Wal-Mart is an amazing success story. What I particularly admire very much about the late Sam Walton was his policy of valuing his employees. Giving value to employees is very rare in the retail industry. I also admire the strategies Walton used to build up his discount store concept.

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• We are a country of artisans and a country of manufacturing. I think Japanese textile technology is the best in the world.

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• More than trends, consumers need functionality. Everything needs an element of fashion, but that's more like a spice.

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• Our underwear used to just be cotton, but we wanted to see if we could create something out of synthetics.

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• People say that globalisation has negative aspects, but I don't believe globalisation is bad. It's criticised from a western perspective, but if you put yourself in the shoes of people in the developing world, it provides an unprecedented opportunity.

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