Virginia retailers warn of higher cotton prices

Posted to: Business Virginia
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The Associated Press
© March 20, 2011

ROANOKE

Virginia store owners say dwindling cotton supplies are driving up prices for items such as jeans, khaki pants, shirts and dresses.

Cotton supplies are down due to growing demand in developing countries and recent crop damage from bad weather in China.

Winter Hodges is owner of a boutique in downtown Roanoke. He tells The Roanoke Times that every manufacturer he deals with has advised him of price increases on products made from cotton.

Hodges says he expects an additional 10 percent price increase on new denim orders, adding to the 10 percent increases made by manufacturers earlier this year.

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Cotton

Submitted by hmp on Tue, 03/22/2011 at 3:15 pm.

Sounds like this would be a good crop for VA & NC to invest in instead of tobacco. No health issues either.

Once you go thrift store,

Submitted by self ed.opine on Mon, 03/21/2011 at 2:15 pm.

you'll never go back.

A gently used pair of Ralf Lauren khakis, four bucks.

Cotton

Submitted by ronaldw82433 on Sun, 03/20/2011 at 7:55 pm.

Everything going up but wages

10%?

Submitted by ad18562 on Sun, 03/20/2011 at 6:13 pm.

Im surprised its only 10%. Be glad consumers!
I buy cotton fabric wholesale from placed like Robert Kaufman and Michael Miller. Wholesale prices went up at least 20%!
It is true though, the cotton growth did awful this last season. Maybe next season it will bounce back and prices will go back down. ROFL! RIGHT!

Retailers can't just raise

Submitted by GoodOleWhatsisname on Sun, 03/20/2011 at 1:50 pm.

Retailers can't just raise prices anymore without coming up with some excuse to justify it.

And they also cannot resist

Submitted by Uno on Sun, 03/20/2011 at 4:40 pm.

And they also cannot resist raising the prices of items already in stock! I'll be surprised if the prices of items on the clearance racks don't go up too!