Doubling Of Wool Prices
Because of floods and droughts in Australia
wool
The price has doubled to the highest level in the past year, so the executives and politicians of all countries in the world are
clothing
Prices will rise by 10%.
In Australia, the world's largest wool producer, the price of benchmark wool has reached $14.85 per kilogram last week, which has doubled in dollar terms in the past 12 months.
The sharp rise in raw material prices is affecting the entire global supply chain, making men's clothing stores all over the world planning.
Price increase
。
"If wool prices remain at this level, we will re adjust the price," said Bird Hake, managing director of British luxury brand Hugo Boss, who owns 450 stores across Europe.
Black described the price increase of last year as "worrying". He said (Hugo Boss) raised the retail price by 10%, but this is the highest limit.
According to Nigel Brown of Alfred Brown woollen mill, London's Saville street, which is known for its traditional men's custom clothes, has also been affected.
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