Retailers are forecasting a strong 2011 as the economy continues to pick up speed. A boost in retail sales is good news, of course. But what, exactly, will it do for your wallet? And how will higher gasoline and clothing prices…
Having committed itself to ultralow interest rates and quantitative easing, the Fed is now caught in a double bind: Continue those policies and keep pumping money into speculative, inflation-hiking commodity bets — or end them…
Among the questions investors now face: How much rally is left in cotton since skyrocketing 171% already in a year? Among the variables to consider are weather, demand and how much more land gets devoted to cotton. Analysts poi…
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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%.
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.
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