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Luxury brands lifting prices in Japan amid brisk demand

Sellers confident that sales won't suffer

Tasaki will raise prices on necklaces, rings and other items.

TOKYO -- Homegrown and foreign purveyors of luxury goods are raising prices in Japan on brisk sales to inbound tourists as well as a weaker yen.

British jewelry brand Graff will update pricing on almost its entire lineup here Wednesday, with certain products receiving increases of around 8%.

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