by | Nov 3, 2010 | Towing
Looking good isn’t going to get any cheaper.
Clothing makers plan to raise prices in 2011 as they struggle to absorb the impact of soaring cotton costs, The Wall Street Journal reported. It cites companies including Hanesbrands, Jones Group and VF as planing to raise prices by as much as 10%.
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Cotton prices began to climb about a year ago. At first, retailers and manufacturers held…
Continue reading Clothing to Get More Expensive in 2011 as Cotton Prices Rise
Clothing to Get More Expensive in 2011 as Cotton Prices Rise originally appeared on DailyFinance on Wed, 03 Nov 2010 08:14:00.
Filed Under: Company News, Green, Retail, Market News
by | Oct 15, 2010 | Towing
Cotton prices jumped to a record high on Friday on strong Chinese demand and the prospect of reduced supply.
In New York, ICE December cotton futures touched 119.80 cents a pound, the highest price since 1995, The Financial Times reported.
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Rising cotton prices will mean higher clothing prices, especially in low-cost items such as t-shirts and underwear. Jeans-maker Levi Strauss has…
Continue reading Cotton Prices Jump to Record High
Cotton Prices Jump to Record High originally appeared on DailyFinance on Fri, 15 Oct 2010 06:26:00.
Filed Under: Green, Retail, Market News
by | Oct 14, 2010 | Towing
Gap’s same-store sales will likely fall in its fiscal third quarter, which ends this month, CEO Glenn Murphy warned at an investor meeting in New York on Thursday.
Continue reading Gap Same-Store Sales Likely t…
by | Oct 12, 2010 | Towing
Amid all the chain-store carnage, some smaller merchants are trying to attract shoppers with new concepts, from textbook rentals to made-to-order pants. Some are online only, and others have bricks. But all are finding success …
by | Oct 12, 2010 | Towing
Gap (GPS) is reinstating its familiar blue box logo, just one week after unveiling a new logo to great fanfare.
The new logo showed the word “Gap” on a white background with a small blue box jutting out of it. Customers and market players reacted with almost universal contempt.
One commenter on Gap’s Facebook page said the logo looked “like a child made it.”
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Gap insisted the new…
Continue reading Gap Scraps New Logo After Just One Week
Gap Scraps New Logo After Just One Week originally appeared on DailyFinance on Tue, 12 Oct 2010 06:55:00.
Filed Under: Company News, Media, Retail
