Australian Wool Prices Rose 1 Times The Price Of Global Men'S Suits.
Due to extreme climate change and drastic floods and droughts, wool prices in Australia, the world's largest wool producer, reached $14.85 per kilogram last week, up 1 times in the past 12 months.
The sharp rise in production costs forced global men's clothing producers to raise prices.
BerndHake, general manager of HugoBoss, who owns 450 stores in all Europe, said
Wool price
At this level, we will adjust the price of commodities.
He said retail prices could rise by 10%.
The London Financial Times reported that the famous handmade operators in London, such as SavileRow and PaulSmith, were also affected.
The cloth was supplied to AlfredBrownWorstedMills, the big seller of these famous brands, to confirm the news.
The same is true in the United States.
Men's clothing
Experts JosephABank warned last week that the price of wool would push up the cost and that the price of Western clothing would certainly 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.
Reports, for example, are traditional.
Scotland skirt
It should be made of 100% wool, at least 8 woolen woollen fibers, each cost between 300-800 pounds.
But consumers with limited hands have to find non-traditional synthetic products of wool and synthetic fibers.
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