TOKYO -- Japan's Mikimoto is raising the prices of its flagship pearl jewelry for the first time in six years, joining other global jewelers in bumping up tags due to the higher cost of materials and production.
Consumer
Japan pearl jeweler Mikimoto raises prices as much as 20%
Pollution and war add to string of inflationary pressures
Mikimoto's flagship store In Tokyo. Prices tags for the company's jewelry are going up but foreign tourists may still find them reasonable due to a weaker yen. (Photo by Natsumi Kawasaki)
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