The Price Of Australian Wool Has Risen 1 Times In The Past 12 Months.

2011/9/6 15:37:00 49

Because of extreme climate change,

drought and flood

Impermanence, the price of wool in Australia, the world's largest wool producer, has reached $14.85 per kilogram in early June, and has risen 1 times in the past 12 months.

The sharp rise in production costs forced global men's clothing producers.

Brewing

Price increases.

Bernd Hake, general manager of Hugo Boss, who has 450 stores in Europe, said that if wool prices continue to maintain at this level, we will adjust commodity prices.

He said,

retail price

Maybe 10% higher.

British gold

Financial Times

Reported that London's famous manual operators, such as Savile Row and Paul Smith, are also affected.

The cloth was supplied to Alfred Brown Worsted Mills, the big seller of these famous brands, to confirm the news.

The same is true in the United States.

Joseph A Bank, an expert on men's clothing, warned in early June that the price of wool would push up the cost and that the price of Western clothing would definitely rise before the end of the year.

The wool industry, which has a long history of 85 years, has been hit by the weather recently.

The increase in global demand, especially in emerging countries like China, is an important factor in pushing up the price of wool.