{"id":11373,"date":"2024-01-01T10:03:48","date_gmt":"2024-01-01T10:03:48","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/uniqlo-uk-boss-vows-to-cut-prices-to-attract-more-shoppers\/"},"modified":"2024-01-01T10:03:48","modified_gmt":"2024-01-01T10:03:48","slug":"uniqlo-uk-boss-vows-to-cut-prices-to-attract-more-shoppers","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/uniqlo-uk-boss-vows-to-cut-prices-to-attract-more-shoppers\/","title":{"rendered":"Uniqlo UK boss vows to cut prices to attract more shoppers"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div id=\"post-151572\">\n<div class=\"td-post-content tagdiv-type\">\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" class=\"entry-thumb\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/04\/shutterstock_744720076.jpg\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/04\/shutterstock_744720076.jpg 600w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/04\/shutterstock_744720076-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" alt=\"Uniqlo\" title=\"Uniqlo\"\/><\/div>\n<p><span style=\"font-weight: 400;\">Uniqlo\u2019s UK boss has committed to reducing prices as inflation eases as it seeks to attract more shoppers amid its expansion in the country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It has already cutting the price of some products, with cashmere sweaters falling from \u00a3129 to \u00a3109 over the past year, while many jumpers and hoodies have also been reduced from \u00a339.90 to \u00a334.90.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fashion chain plans to pass on the falling cost of materials to consumers by cutting prices on premium items, Alessandro Dudech told The Telegraph.<\/span><\/p>\n<hr\/>\n<h5 style=\"text-align: center;\"><strong>Subscribe to Retail Gazette for free<\/strong><\/h5>\n<p style=\"text-align: center;\"><span class=\"x_al\">Sign up\u00a0here\u00a0to g<\/span><span class=\"x_al\">et the latest news straight into your inbox each morning<\/span><strong><span class=\"al\">\u00a0<\/span><\/strong><\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">\u201cWe believe in passing on those price reductions,\u201d the Uniqlo boss said. \u201cAs the prices of natural resources like cashmere and merino go down, we\u2019re trying to bring that back to customers.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price cuts come as Uniqlo ramps up its expansion in the UK, with Dudech revealing that its customer base is \u201cgrowing very rapidly\u201d here.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Japanese retailer, which only has 17 shops in the UK despite launching here 16 years ago, will soon open its new Oxford Street flagship near Tottenham Court tube, with a store on Edinburgh\u2019s Princes Street set to follow.<\/span><\/p>\n<p><em><strong>Click here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<\/p><\/div>\n<footer>\n<\/footer>\n<\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uniqlo\u2019s UK boss has committed to reducing prices as inflation eases as it seeks to attract more shoppers amid its expansion in the country. It [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-11373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/11373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=11373"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/11373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/11374"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=11373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=11373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=11373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}