Harry Winston Japan Plans to Increase Jewelry Prices on Weak Yen

Bloomberg reported that diamond retailer Harry Winston Diamond Corp. will raise its jewelry prices in Japan due to yen’s drop to a 3-year low, which has made imports quite expensive.

As quoted in the market news:

The increase will be applied from March 22 to jewelry, not watches, the Japanese luxury retail unit of the Toronto-based company said in an e-mail.

Click here to read the full Bloomberg report.