Clothes to Get More Expensive in 2011 as Cotton Prices Rise
Posted on November 03, 2010 at 08:14 AM EDT
Looking good isn't getting any cheaper. Clothes makers plan to raise prices in 2011 as they struggle to absorb the impact of soaring cotton costs, The Wall Street Journal said. Companies including Hanesbrands Inc, Jones Group Inc. and VF Corp. all plan to raise prices by as much as 10%. Sponsored Links adsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv='ads.tw.adsonar.com'; Cotton prices began to climb about one year ago. At first, retailers and manufacturers held... Continue reading Clothes to Get More Expensive in 2011 as Cotton Prices Rise Clothes 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 Permalink | Tweet this! | Comments