Retailers and clothing makers cut frills and experimented with fabric blends to cut prices during the recession. But as the world economy recovers and demand for goods rises, a surge in labor and raw materials costs is squeezing retailers and manufacturers who have run out of ways to pare costs.
Cotton has more than doubled in price over the past year, hitting all-time highs. The price of other synthetic fabrics has jumped roughly 50 percent as demand for alternatives and blends has risen.
Clothing prices are expected to rise about 10 percent in coming months, with the biggest increases coming in the second half of the year, said Burt Flickinger III president of Strategic Resource Group.Answer Question
Answer by older at 7:43 PM on Feb. 14, 2011
Answer by idaspida at 7:53 PM on Feb. 14, 2011
Answer by stacymomof2 at 7:55 PM on Feb. 14, 2011
I never buy clothes to be honest. I got a ton of new clothing for Christmas, and will get more from my birthday in April. My parents like to buy me gifts and clothes is what I like. My children get tons of clothing on Birthdays and Christmas too. We are fortunate for that actually, for yeah, clothes aren't cheap. If I do buy clothes, I wait for tax time, or use any birthday or holiday money we may get as well. Honestly, it's not in our monthly budget.
Answer by Anonymous at 7:57 PM on Feb. 14, 2011
Answer by itsmesteph11 at 7:57 PM on Feb. 14, 2011
Answer by butterflyblue19 at 8:02 PM on Feb. 14, 2011
Answer by LoriKeet at 8:14 PM on Feb. 14, 2011
Answer by lowencope at 8:16 PM on Feb. 14, 2011
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