uniqlo's success is artl here. uniqlo's success is partly due _ here.y due to _ here. uniqlo's success is partly due to its - here. uniqlo's success is partly due to its focus i here. uniqlo's success is| partly due to its focus on clothes that are essential to customers day to day lives. for example, the collection to keep you warm in the winter has been a lasting head. for hot weather, it also sells the breathable line of clothing. both were developed in partnership with a company that specialises in synthetic fibre, but increasingly retailers like uniqlo are coming under pressure to disclose where they source their materials from as customers want to know where and how their clothing is made. now, here's a question. are you getting paid enough for the work that you do? cost of living pressures are at the forefront of most people's minds but the good news is that looking at wages across the board and around the world, average wages are now growing faster than inflation. and long—term pay inequality is falling for most of us. that's all according to th

plus how large can uniqlo grow? the billionaire boss talks about recreating the company sustainably in their quest to become the world's biggest clothing retailer. welcome to business today, i'm mark lobel. the head of the european central bank christine lagarde has urged european leaders to buy american products and work with the trump administration to avoid a trade war. lagarde warned any tit for tat tariffs are likely to have detrimental on the global economy. speaking to the finanical times, lagarde added the eu should buy certain american products such as liquefied natural gas and defence equipment. we're nowjoined by gervais williams, who's the head of equities at premier miton. the trade balance is actually in the eu's favour, why are they taking this approach? to think it is fear of losing manufacturers that have moved to america, to think europe are lagging behind? i to america, to think europe are lagging behind?— lagging behind? i think specifically _ lagging behind? i think specifically we - lagging beh

uniqlo have been trying _ --1000 stores. uniqlo have been trying to _ --1000 stores.d - --1000 stores. uniqlo have been trying to build stores l been trying to build stores they can trust and there are concerns about its impact on the environment. it is because of its controversy on where it gets its constant, you didn't confirm or deny that, can you clarify if there is any cotton from changing and any products? no we're not using cotton from xinjiang. actually, it gets too political if i say anymore. so let's stop here. its success is partly due to close that are essential to customers day—to—day lives. for example its heated collection to keep you warm in winter has been a lasting head. it also sells airism liner closing. specialising in synthetic fibre. but they are coming under pressure to disclose where they source their materials from as customers want to know where and how their clothing is made. that was tadashi yanai, the boss of uniqlo parent company. confirming for the first time that the japanese firm does not use cotton from the xinjiang region of china i

i am at one of uniqlo�*s latest stores at the heart of tokyo.year fast retailing has achieved its goal of generating annual revenue of y3 trillion. to become the world's biggest retailer, it needs to at least double that. but the boss even has a bigger target, a revenue of y10 trillion. can he achieve that as the company's president before passing the button to his successor? translation: i would like to achieve it and i believe i need to achieve it. in order to do that we need to imagine how different a y10 trillion firm is from a y3 trillion firm and recreate our company every day. we want to change people's perception of our clothing, that it can continue to evolve. i want to ask your views on today's fast fashion industry, especially chinese retailers, what do you think is the future of this industry? translation: i don't think there is a future i forfast fashion. they are producing clothes without careful considerations, which you can only wearfor one season. that is a waste of the planet's resources. you can wear our clothes for many seaso

i am at one of uniqlo's latest stores at the heart of tokyo. of y3 trillion. to become the world's biggest retailer, it needs to at least double that. but the boss even has a bigger target, a revenue of y10 trillion.

plus, how large can uniqlo grow? retailer. and something to be thankfulfor! thanksgiving food prices ease on last year, with americans also wondering if inflation will prove to be the gift that keeps on giving. welcome to business today. we start here in the uk. the sale of one of the crown jewels of daily life here, the royal mail, looks close to completion. czech billionaire daniel kretinsky�*s ep group could snap it up in the next two weeks, according to sources close to the deal. mr kretinsky has agreed to make extra concessions in order to clinch the takeover. that's being reported by the bbc�*s business editor simonjack, whojoins me now live. what have you learnt, simon, about how close

the billionaire boss of uniqlo talks sustainability — and his plans to become the world's biggest clothingler. and happier holidays! thanksgiving food prices ease on last year. but for americans — will inflation prove to be the gift that keeps on giving? live from london this is business today, i'm lukwesa burak. we start with social media — because as you've been hearing — the uk's communications regulator, ofcom, has found that many children and younger teens are lying about their age to get accounts. that's no new news is it, really? and it has warned big tech firms it expects them to do �*much, much more' to verify users ages — under the terms of the online safety act that comes in next year. in its annual survey of online behaviour — ofcom found young adults are spending an average of six hours a day online — that figure is for 18—24 year olds they spoke to. but here's the controversial bit — more than a fifth of those aged 8 to 17 say they have lied about being over 18 to get social media accounts. and more than a third of those aged 8 to 15 say they are over 16. here's what pupils a