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…
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.
Filed Under: Company News, Green, Retail, Market News
The United Arab Emirates will not suspend BlackBerry services next week as threatened. The UAE and Canadian smartphone maker Research In Motion have resolved their dispute over access to email and other data.
C…