STUDY BUDDIES: Uniqlo, the Japanese fast-fashion brand that is quickly and aggressively expanding around the world, said next year it would begin offering fellowships to Japanese students studying at Harvard Business School and the Harvard University Graduate School of Design.
There will be one fellowship per school awarded each year for three years, for a total of about $1.2 million. The funds will come both from Uniqlo and from a personal donation by Tadashi Yanai, chairman, president and chief executive officer of Uniqlo’s parent company Fast Retailing.
Fellowship recipients will be selected based on a review of their application and interviews by Yanai and a representative from the school that the student will attend. Recipients are to be offered enrollment into Fast Retailing’s internship program while they are studying abroad.
“Innovation lies at the intersection of design and business management. I look forward to seeing talented young people from Japan transform their aspirations into reality on the global stage,” Yanai said.