Looks like the price of certain outfits will be increasing this year. And the culprit seems to be cotton.
Apparently the price of cotton has more than doubled over the past year reaching a record high.
At the same time, the price of other synthetic fabrics has also risen by almost fifty percent due to a higher demand for blends.
According to the president of Strategic Resource Group, a US retail and consumer goods consulting firm, prices for clothing are expected to go up almost 10% in the upcoming months!
Might be time for a shopping spree now then before it is too late!
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