Higher cotton prices in 1Q and 2Q pressured clothing makers to raise prices or take losses as margins were squeezed, but relief could be coming as the National Cotton Council reports prices are trending downward. Firms in line to benefit: Liz Claiborne (LIZ +0.8%, Lululemon (LULU +1.5%), Levi Strauss.
Higher cotton prices in 1Q and 2Q pressured clothing makers to raise prices or take losses as...
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