Fast Retailing, the owner of Uniqlo, is promoting its global business head to the role of Chief Operating Officer (COO) as part of its strategy to strengthen its management structure.
Daisuke Tsukagoshi, who has been serving as the international CEO and head of North America, will assume his new position starting September 1.
Tsukagoshi was initially tasked with revitalizing the company’s performance in North America during the COVID-19 pandemic, successfully turning the region’s business around and achieving profitability.
He now has ambitious goals, including expanding the number of North American stores to 200 and achieving annual revenue of ¥300 billion ($2 billion) with an operating margin of 20% by 2027.
Tsukagoshi has been with Fast Retailing since 2002 and has held various roles, including a stint as Uniqlo’s COO in China from 2017 to 2020.