Manufacturers warn of higher prices

Cotton continues to rise hitting an all time high. With the cost of manufacture and transport due to fuel prices Manufactures of textiles have warned of a price rise in April. We have seen major manufacturers like Fruit of the Loom forced to almost double some of their t shirts and corporate clothing in the last 6 to 8 months.

This is effecting retail as the prices in the high street have risen sales have dropped with many retailers reporting a poor first quarter for this year

Categories: Industry News