Uniqlo Plans to Raise Average Selling Prices by About 4%

Uniqlo will raise its average selling prices by about 4%, according to information released by the company. The figure was stated directly, without a detailed timetable or a specific breakdown of where it will apply.

Initial information indicates the roughly 4% increase is calculated on the average selling price of its products. The adjustment comes as the fashion retail chain faces pressure from a range of cost factors and shifts in market demand.

There is no detailed information yet on whether the increase will be applied across the board or by product category, nor on the specific timing of the rollout in individual markets.