Another blow for retailers as wool prices soar
Falling supply and rising demand have left apparel companies scrabbling around for scarce wool stocks, with costs rising fast as a result. Add this to other factors currently impacting the supply chain, and wool pricing is piling yet more pressure on their already stressed operations.
Spotlight on...Soaring wool prices
29 July 2011
Falling supply and rising demand have left apparel companies scrabbling around for scarce wool stocks, with costs rising fast as a result. Add this to other factors currently impacting the supply chain, and wool pricing is piling yet more pressure on their already stressed operations.
ITALY: High material costs weigh on Benetton H1 profit
29 July 2011
Higher cotton and wool costs, as well as a slowdown in demand in troubled Eurozone countries like Greece, have weighed on Benetton Group's bottom line, pushing the Italian fashion retailer to a 25% drop in first-half profit.
UK/NZ: Wool prices continuing to soar
1 July 2011
The trend of rising wool prices is showing no sign of stopping, according to reports from opposing sides of the world.
Italian yarn industry in optimistic mood
9 May 2011
The recovery in EU textile and clothing production and trade, which was apparent in 2010 and is set to continue in 2011 and 2012, reflects a mood of optimism in the Italian yarn industry according to a new report.
GLOBAL: Economic slowdown stalls fibre shortfall
26 May 2010
A lot of coverage has been given to the impact of rising cotton prices and supply shortages on the apparel industry - but what about other fibres? A new report suggests that without lower demand for textiles and apparel during the recession, the industry would be looking at a global fibre shortfall of between 15m and 19m tonnes.
Browse more hot issues
8 Aug 2011 -
Currently reading -
Another blow for retailers as wool prices soar
19 Jul 2011 -
