Business · Companies · 1 hr ago

Uniqlo to raise average product prices by about 4%

Uniqlo to raise average product prices by about 4%

Uniqlo plans to raise average selling prices by about 4% in Japan because raw material costs are rising and the yen is weaker.

The Japanese casual clothing retailer says the changes are needed to maintain product quality.

Prices for 11 products will rise in November, including the Kando Jacket.

That jacket will cost 7,990 yen from Nov.

10, up from 6,990 yen.

Uniqlo will also end discounted deals for buying multiple pairs of socks.

Some prices and service fees already rose in September, including shipping and clothing alterations.

The company has not given further details about changes beyond those described.

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