Raw Material Factors Contributed To The Rise In Autumn And Winter Clothing Prices In The United States

Many retailers in the US say that the price of Easter products this year will be higher. New York Times reported that in order to hold customers and carry out trial, spring products will only go up slightly, but due to Retailer It can no longer absorb all kinds of costs. Rise The fall in commodity prices this autumn and winter will increase.

Rising prices of cotton and other ingredients, China's demand for higher wages and higher fuel prices have led many retailers to warn early that commodity prices must rise before autumn. Retail sales are usually prepaid six months ago, and the current spring products were placed and paid at the end of last summer, when prices did not rise sharply.

When prices began to rise, garment manufacturers used many methods to lower costs, such as shifting production to low wage countries such as Bangladesh, using cheaper cloth and placing orders early. But retailers are already poor at this time and can only pass the price rise on to consumers. As a result, they began to quietly increase their prices little by little.

JohnD.Morris, the analyst, said retailers are raising prices, but they can not publicize them for competition. Some companies have ambushed the recent price increase in promotional products or only slightly increased their prices (or less than 10%), such as "AmericanEagleOutfitters" raised the price of striped sweaters from $29.50 to $34.50 a week ago, and Brooks's clothing company (BrooksBrothers) raised the price of non iron shirts from 79.50 to 88 dollars.

Retailers and analysts said that Price increase Not yet popular, shops are conducting tests to see if customers can accept the price increase, whether they accept the price increase of jeans and disagree about the price increase of sweaters, so as to avoid making mistakes, because it is expected that the prices of commodities will generally rise in autumn, and the increase will be greater.