Humen: Prices for spring/summer 2011 will increase by 10%

Recently, domestic cotton prices have been soaring, causing many degrees of impact on many clothing companies. From the just-concluded Humen clothing meeting, it is expected that the prices of spring and summer clothes will increase by 5%-10% next year. However, in order to gain competitiveness, some exhibitors stated that they will try their best to adopt a variety of ways to reduce clothing costs.

It is estimated that the price of spring and summer clothes will increase by about 10% next year. It is understood that with the rise of cotton prices, many sports brands such as Anta and Li Ning have adjusted their prices during the 11th period, while winter prices of other brands have also increased in different degrees. According to the person in charge of the exhibitor's Yiminu brand, the current soaring cotton price has caused many textile companies to reduce their willingness to buy cotton, resulting in a priceless cotton market. It is understood that cotton generally accounts for 60%-70% of the cost of cotton spinning companies. According to the industry's average profit of about 12%, the cotton price will increase by 1%, and the company's profit will drop by 0.53%. Short-term surge in cotton prices will make the cotton spinning industry face severe challenges. The continued rise in costs will inevitably affect the price of clothing. It is expected that the spring price in Humen will increase by at least 5% to 10% next year.

Service companies will do everything possible to reduce costs in the face of rising clothing costs, in order to win the city's competitiveness, many exhibitors said that they will strive to adopt various methods from the fabric, design, operation and other aspects to reduce clothing costs, including the use of cheaper Fabrics, re-use of scrap, simplified styles, large-scale procurement of fabrics and innovative marketing channels. Among them, the relevant person in charge of the exhibitor Zuni Garment Co., Ltd. said that they will focus on simple clothing design to reduce the complexity of clothing styles, thus reducing the use of fabrics. There are also exhibitors that will strengthen online sales efforts, such as the relevant person in charge of the United States and said: "To do brand shop store will cost a lot of costs, in order to reduce operating costs, we will adopt a multi-channel sales model, in addition to Outside the physical store, it will also begin to try the network, which will reduce the operating costs relatively.