Fast Retailing Co., the parent company of Uniqlo, is closely monitoring the potential impact on its sales in China following comments made by Chairman Tadashi Yanai regarding the company's sourcing of cotton.
The chairman stated that Fast Retailing does not use cotton from Xinjiang, which has sparked significant discussion on Chinese social media platforms.
The company is concerned about the possibility of a consumer boycott in China as a result. Spokesperson Seikei Itoh confirmed that the firm is carefully observing the developments, as any backlash could affect demand for Uniqlo products in the region.