Uniqlo Raises Prices by Average of 4% Due to Yen Weakness and Rising Costs

Japan's leading casual clothing brand, Uniqlo, will raise the prices of its fall and winter (F/W) products by an average of 4% due to rising raw material costs and the ongoing depreciation of the yen.

According to the Nihon Keizai Shimbun (Nikkei) and local media reports, Uniqlo has decided to increase prices on 11 major items starting November 10 and will publish a detailed list of the affected products on its official website.

As part of this price adjustment, the popular 'Kando Jacket' will see its price rise from 6,990 yen to 7,990 yen, while the 'Kando Pants' will increase from 3,990 yen to 4,990 yen.

Previously, in September, Uniqlo had already raised prices on some women's pants, as well as fees for alterations and shipping. The company indicated that additional price increases for fall and winter products may occur after December, although the number of items affected will be limited.

Fast Retailing, the parent company of Uniqlo, operates around 700 partner factories in China and Southeast Asia, leveraging a global production system and mass production methods to absorb cost pressures. However, the recent surge in global raw material prices and the decline in the yen's value have made price increases unavoidable.