Clothing News
In a recent CBI survey the website concluded that - Clothing is still a good performer, however in a recent CBI report the Cheif Economic advisor has stated “Sales growth picked up slightly for retailers compared with last month, but look beneath the surface and conditions remain tough on the high street. Even the best performing sectors – namely grocers and clothing – have seen a slowing trend. With inflation edging higher and earnings growth only modest, household budgets are under increasing pressure. Consumer demand will remain weak in the coming months.”
Price Rises
Wholesale cotton prices and more expensive labour costs in China mean that Wholesale Ex Chain Store Clothing will be higher as suppliers pass on their raw material price increases to wholesalers. Cotton basics such as denims and t-shirts will notice the biggest increases.
Exchainstoreclothing
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