UNIQLO Uniqlo to open 100 stores in Taiwan in three years

The President of UNIQLO Taiwan stated that he will open 30 stores in 1 year starting next year and he is expected to open 100 stores. However, he will not cut prices, but will use price increases to bring Taiwan and overseas markets closer together.

He said that on September 23, the store will open in Mingluo, followed by Shin Kong’s three stores in Vietnam, Pacific SOGO Tianmu Store, Breeze Plaza Store, Taipei Station Store and Miramar Store, which will open six stores.

He also said that in order to achieve UNIQLO's goal to become the world's largest ready-to-wear brand in 2020, the total sales volume will reach 5 trillion yen and the company will open more than 4,000 stores worldwide. It will open 200 stores worldwide each year starting next year. Among them, China will open 100 stores and South Korea. 30 stores, 30 stores in Taiwan and 40 stores in Other markets.

The price for the Taiwan market is still 30% more expensive than the overseas market. He said that because Taiwan’s laws and regulations stipulate that the mainland system cannot be imported, some products will also need to be developed for production in new areas. Taiwan’s volume is relatively small, so prices will be higher.

He stressed that under the rising global raw materials, the Taiwan market price this year is the same as last year, and it has not risen. He will insist that neither the Ming nor the following years will rise, making Taiwan consumers feel better about selling prices.

Questioned whether this strategy means that UNIQLO in overseas markets will increase prices in the next year or the next year? He did not respond positively, but he stressed that Taiwanese consumers will have better feelings about selling prices in the brighter and lighter years.

In response to the plan at the Taiwan Exhibition Store, he has clearly set out that he will open 30 stores next year, and he expects that Taiwan will open 100 stores. Based on this speculation, Taiwan will open 100 stores within three years.

In addition, for ZARA's visit to Taiwan this year, he said that it will not specifically strengthen the design of commuter products, because he wears all UNIQLO's underwear, the current product is very strong, is sufficient for work Family wear.