Soaring Cotton And Labor Costs Will Boost Apparel Prices In '11
Shoppers scouring the malls on Black Friday found plenty of deals on shirts, sheets and pajamas. But Americans haven't had to wait for special promotions to find clothing bargains. For more than two decades, retail apparel prices have barely budged. But not for much longer. Cotton futures hit a 140-year high earlier this month. Even after backing off, they're nearly double their early 2009 prices. The delayed impact of cotton's steep ascent, along
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