12 Mar '13, 9pm

Tiffany & Co, Harry Winston to follow Louis Vuitton in raising prices to offset yen’s 11% slide |

Tiffany & Co, Harry Winston to follow Louis Vuitton in raising prices to offset yen’s 11% slide |

Enlarge image Vuitton to Tiffany Seen Pressured in Japan by Weaker Yen Kiyoshi Ota/Bloomberg A pedestrian walks past an Emporio Armani store, operated by Giorgio Armani SpA, in the Omotesando district of Tokyo. Japan’s economy has been mired in deflation for the last 15 years, prompting luxury goods makers to divert their attention to emerging markets offering rapid growth, such as China. A pedestrian walks past an Emporio Armani store, operated by Giorgio Armani SpA, in the Omotesando district of Tokyo. Japan’s economy has been mired in deflation for the last 15 years, prompting luxury goods makers to divert their attention to emerging markets offering rapid growth, such as China. Photographer: Kiyoshi Ota/Bloomberg

Full article: http://www.bloomberg.com/news/2013-03-12/vuitton-to-tiffa...

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