Debenhams announce higher prices

A day before the Budget Debenhams have announced that winter coats for men this coming winter will be 20% higher due to rising costs. Debenhams have joined Next, Gap and other retail names in announcing price increases due to the price of Cotton, minimum wages agreements in the Far East and transport cost due to higher fuel prices.

We at Acorn have seen many rises in both cotton and polyester clothing over the last few months and one of the Major suppliers Fruit of the loom have announced a new increase for April following a January price rise.

Categories: Industry News