Uniqlo to Begin Gradual Product Price Increases Starting from the 27th
[Asia Economy Reporter Song Seung-yoon] The Japanese SPA (manufacturing and distribution integrated) brand 'Uniqlo' will gradually raise the prices of its clothing products starting from the 27th.
According to industry sources on the 21st, Uniqlo posted a notice on its official website the day before announcing the price increase. Although the exact items subject to the increase were not specified, popular products such as fleece jackets, sweaters, and Heattech underwear are expected to see price hikes in succession.
Uniqlo stated, "We comprehensively review various market factors and reflect them in our pricing. Due to the prolonged rise in international raw material, logistics, and transportation costs, as well as increased operating expenses for stores and business operations, we have inevitably decided to raise prices."
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They added, "We prioritize customer service and will continue to strive to provide better products and services to our customers."
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