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Global High Inflation Will Come To &Nbsp; Cotton Prices Will Continue To Rise.
cotton
The price is soaring, which has a direct impact.
Garment industry
Clothing companies warn that next year they may spend more money on clothes.
Recently, three American Apparel Manufacturers including the global textile giant, Han Bai, said they would raise the price of clothing for sale at the beginning of next year by 10%, and increase the average price of clothing delivered in the spring of next year by 3% to 4%.
In addition, Next, a chain store in Britain, recently said that if cotton prices continue to rise, British consumers will spend more than 10% on clothing next year.
Cotton prices rose by only 20% in October alone, so Next said next year.
first quarter
Clothing prices will rise by 8%, and next spring will increase by 10%.
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