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Japanese retailer Uniqlo opening on the 16th Street Mall

Posted: 11:28 PM, Oct 27, 2016
Updated: 2016-10-28 15:01:45Z

DENVER -- The Japanese retailer company Uniqlo is opening its 46th store right here in Denver.

This two-story clothing store is a lot like a big Gap or H&M.

Known for its puffy coats and affordable prices, Uniqlo’s USA CEO said his company and Denver are a perfect match.

“We are a basic wear, casual wear, a high quality and the least number of price. That’s a good fit for the Denver customer,” said CEO Hiroshi Taki.

The company said it’s most excited about the location on the 16th Street Mall.

The opening is a bright spot for the street after a year with several violent incidents.

New security guards now patrol he mall to ward off any perceptions of violence and panhandling.

Denver Pavilions’ CEO said sales revenue here have doubled in almost a decade, and they expect that to continue with Uniqlo’s opening.

“We’re expecting a similar occurrence today with the arrival Uniqlo which will lift the sales across Denver Pavilions in the same way that we saw H&M’s first to market flagship store to the Denver Pavilions. We had a 15 percent increase across the shopping center,” said Mark Sidell, President of Gart Properties, the company that owns the Denver Pavilions mall.

Uniqlo is a very popular store in Japan with more than 1,700 open around the world right now.

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