Blog: Leonie BarriePrice hikes

Leonie Barrie | 8 October 2004

Interesting comments from Ernst & Young earlier this week when it released its latest Quarterly Market Basket price comparison report. A disappointing back-to-school season is one of the main reasons for falling apparel prices it says. But Jay McIntosh, the firm’s Americas director of retail and consumer products, believes: "Concerns over quotas will put pressure on retailers to raise apparel prices in the fourth quarter. In addition, blockages at West Coast ports and throughout the railroad system might delay store deliveries and result in merchandise shortages for the critical holiday season.”

Thinking about an upward shift in prices, my eye caught a similar remark made by Adidas-Salomon’s CEO Herbert Hainer at an investor presentation. Not one for beating around the bush, he said the apparel industry needs to lift prices. "Nike, Reebok, retailers, everyone, must have an interest in bringing prices up, otherwise no one will make any money," he said. Hainer must know what he’s talking about: he’s hiked earnings estimates twice during the year.


BLOG

Likely shifts in the sourcing landscape in 2017

Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...

BLOG

Trump trade policies and China tensions top concerns

This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects...

BLOG

Happy New Year – and a first look at 2017

Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year....

BLOG

New re:source to help unravel sourcing decisions

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufactu...

just-style homepage



Forgot your password?