Survey: Cotton merch retails to jump10%-15% this summer
April 13, 2011,
New York - Capital Business Credit's recent survey of 70 consumer goods manufacturers and importers predict retail pricing on cotton merchandise will rise 10% to 15% this summer, especially in apparel and home.
"For manufacturers and importers the rise in oil prices (89.6 percent) as well as the conflicts in Egypt and Libya (62.5 percent) is the driving force behind this increase," said Capital Business Credit, a commercial finance company specializing in supply chain financing with a focus on the retail industry.
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