The Cost Of Clothing In Britain Is Expected To Increase By More Than 20 Years This Year.

Verdict, a retail research firm, predicts this year.

This prediction is for

"Although this will bring additional pressure to consumers, the price of clothing will not always fall, and eventually the price will only continue to rise in the next few years," said Neil Saunders, Verdict consultant.

A senior British retailer executive said: "inevitably, the price of the whole industry will go up."

As Primark and other discount retailers and supermarkets continue to cut prices, and China's rise to become a manufacturing base to bring cheap clothing to reshape the mass market, British consumers enjoyed a ten year price fall.

But the era is coming to an end, and the weakness of the pound has pushed up the price of clothing bought from Asian suppliers by the US dollar.

Last year, because of the shrinking us orders, Chinese suppliers urgently needed to maintain factory operations, and British retailers were able to reach a competitive agreement with Chinese suppliers to offset the rising cost of sterling depreciation.

The decline in commodity prices has also enabled suppliers to provide more favorable conditions.

But orders for Chinese factories are beginning to increase, and wage costs continue to rise as workers ask for better treatment and conditions.

The rise of their own costs also squeezed the space for suppliers to offer concessionary contracts.

Cotton prices have risen by about 50% over the past year, reaching the highest level in 14 years.

The cost of shipping has also risen.

At the same time, Sanford C. Bernstein analyst Luca Solca (Luca Solca) said that British retailers are suffering from the depreciation of the British pound (reflecting Britain's overly tight balance sheet) and the appreciation of the renminbi's appreciation.

(Translator / Guan Jing)