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Future Of Cheap Clothing Hanging By A Thread

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Future Of Cheap Clothing Hanging By A Thread

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pcernie

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Future Of Cheap Clothing Hanging By A Thread


	Quote: Bargain clothing chains like Primark, New Look and Peacocks may have to raise their prices to cope with a hike in the cost of cotton.

http://news.sky.com/skynews/Home/Busine ... 3868?f=rss

Far as I can see, the only real problem will be if the stores don't pass on the savings in the future when prices come back down...

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Sun Sep 26, 2010 9:54 am

Amnesia10

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Re: Future Of Cheap Clothing Hanging By A Thread

They will lose their customers if they do not reduce them again when prices fall.

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Mon Sep 27, 2010 8:32 pm

ProfessorF

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Re: Future Of Cheap Clothing Hanging By A Thread

I'm not sure they will - who else is selling clothing that cheaply?
If the prices drop I'd hope, somewhat futilely I'm sure, that they'd pass on the extra to the workers.

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Mon Sep 27, 2010 8:47 pm

Amnesia10

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Re: Future Of Cheap Clothing Hanging By A Thread

Would that be the wages at the overseas manufacturers or in the stores here? Both could do with higher wages.

I think that the prices would drop fast as they are in a very competitive market.

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Mon Sep 27, 2010 9:55 pm

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