Thursday, February 03, 2011

Cotton Hoarders: A New A&E Show?

Everyone from cotton farmers in China to T-shirt manufacturers are hoarding cotton as commodity prices have soared 127% in the last six months.  How will this affect you? The price of everything from undies to Egyptian cotton sheets will rise.

As Fall 2011 collections arrive at Mercedez Benz Fashion Week this month, it will be interesting to note which materials are sourced.

If you are allergic to wool, the mere thought of ponte or sky-high cotton prices, you may want to bear the badge of a hoarder (a cotton one that is). Start stock-piling those high-thread counts at Macy's winter white sales or prepare for poly.

Cotton Fun fact: Egypt imports $248.8 million worth of men's and boy's cotton and man-made cotton shorts for the year ending November 13.
(source: WWD)

/nancy brenner

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