Australian Wool Price Rises, Global Male Suit Rises

Because of extreme climate change, drought and waterlogging are the most frequent in the world. wool The price of wool in Australia has reached $14.85 per kilogram in early June, and has risen 1 times in the past 12 months.

The sharp rise in production costs forced global men's clothing producers to raise prices. Bernd Hake, general manager of Hugo Boss, who has 450 stores in Europe, said that if wool prices continue to maintain at this level, we will adjust commodity prices. He said retail prices could rise by 10%.

The Financial Times reported that London Famous handtailor operators such as Savile Row and Paul Smith are also affected. The cloth was supplied to Alfred Brown Worsted Mills, the big seller of these famous brands, to confirm the news.

The same is true in the United States. Joseph A Bank, an expert on men's clothing, warned in early June that the price of wool would push up the cost and that the price of Western clothing would definitely rise before the end of the year.

The wool industry, which has a long history of 85 years, has been hit by the weather recently. Global demand increase In particular, emerging countries like China are also important factors in pushing up the price of wool.