Apparel Price Keeps Growing in Yiwu apparel market
Apparel Price Keeps Growing in Yiwu apparel market
Since the coming of winter, as the price of cotton and other raw materials in Yiwu market keep growing, the price of many clothing brands in Yiwu market has been adjusted during the National holidays, especially for the down jackets and other winter clothes. But not all clothing brands have risen their price. Lots of clothing manufacturers replenish raw materials before the rise of cotton price. For this reason, the overall market price is stable. The raw materials replenished after the soaring cotton prices probably will affect next year’s spring clothing.
Many garment manufacturers of Yiwu clothing market said that in response to the rising material costs, they will work from the fabric, design, operation and other aspects in a variety of ways to reduce the cost of clothing production and sales. In order to reduce operating costs, they will also take multi-channel sales model. In addtion to stores on the market, they will also try online shops, which relatively save a lot of operating costs.
Based on the support of continually recovering global economy and active domestic macroeconomy, rising prise of raw material is also a manifestation of market economy. At present, the only way placed in front of Yiwu apparel market is to raise the level of cost control, and actively develop the market.