Cotton Prices Jump to Record High

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…

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Cotton Prices Jump to Record High originally appeared on DailyFinance on Fri, 15 Oct 2010 06:26:00.

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Gap Scraps New Logo After Just One Week

by | Oct 12, 2010 | Towing

Gap logo

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…

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Gap Scraps New Logo After Just One Week originally appeared on DailyFinance on Tue, 12 Oct 2010 06:55:00.

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