Uniqlo, Blouson and Other Selected Products Price Increase... Up to 29%
Uniqlo will gradually raise the prices of some products.
According to the industry on the 26th, Uniqlo has adjusted the prices of some products, including blousons and jackets, upward since the 24th.
The blouson (MA-1, men's version, etc.) increased by 28.6%, from 69,900 won to 89,900 won, and the Ultra Light Down Compact Jacket was raised by 14.3%, from 69,900 won to 79,900 won.
FRL Korea, which sells Uniqlo products domestically, explained the reason for the price increase, saying, "Due to the rise in various operating costs such as international raw materials, logistics, and transportation expenses, it was inevitable to adjust the prices of some products."
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FRL Korea was established in 2004 with 51% and 49% stakes invested respectively by Japan's Fast Retailing and Lotte Shopping. The company is jointly managed by CEO Jeong Hyun-seok, formerly of Lotte Shopping, and CEO Hata Satoshi.
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