Retail in Asia

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Samsonite to raise Japan price tags

Samsonite International SA, the world’s largest branded-luggage maker, plans to raise prices in Japan by as much as 12 percent as a weaker yen cuts the dollar value of sales in the country.

The increase starts on 1 April, Ramesh Tainwala, president for Asia-Pacific and Middle East, told reporters in Hong Kong last week.