Saturday, 10 September 2011

Price of cotton on the rise

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. Many crops across Asia have been destroyed by floods, resulting in cotton prices rising to their highest level for 15 years - and 50% more than they were this time last year. http://news.sky.com/home/business/article/15743868