Seeking Alpha

Better keep those old khakis a little longer, since clothing prices are expected to rise some...

Better keep those old khakis a little longer, since clothing prices are expected to rise some 10% in coming months. Cotton has more than doubled in price over last year, and the price of other synthetic fabrics has jumped ~50%. "All of our brands, every single brand, will take some price increases," says Eric Wiseman of VF Corp. (VFC) says, joining J.C. Penney (JCP) and Nike (NKE) in announcing price hikes.
From other sites
Comments (3)
  • Power Hedge
    , contributor
    Comments (1040) | Send Message
     
    Is this Bernanke's definition of "no inflation?"
    14 Feb 2011, 02:08 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Yes, and it is 100% under control, and can be contained in 15 minutes or less, as per the Bernank. China however, will be raising rates tomorrow.
    14 Feb 2011, 02:19 PM Reply Like
  • kmi
    , contributor
    Comments (4526) | Send Message
     
    Meh, apparel has huge margins in the US, it won't affect us here. Elsewhere however is a different story.
    14 Feb 2011, 02:31 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs