Workwear Price Increase

The workwear clothing industry is bracing itself for a series of price increases over the coming months.

Having recently increased prices during the summer 6 monthly revue, many workwear clothing manufacturers are preparing to again increase the prices of their garments over the coming month. The industry is used to a half yearly price increase in July, but not in recent memory can we at JKL Clothing recall an autumn price change.

The cost of the end product has recently been affected by a number of factors, not least of all the price of cotton which recently reached a fifteen year high in September of this year. The cost of cotton has been greatly affected by the floods in Pakistan, which is the worlds 4th largest cotton producer. There have also been major crop problems in both Greece and Brazil, other big producers have millions of bales to sell that have yet to reach the market. The USA which is the worlds largest exporter has had logistical problems getting the product out of the warehouses to meet early sales commitments to Asia.

This cotton price rise has finally had an effect on the end product and the price charged to the consumer. Many of the best known brands have already given notice of a price increase. Most notably Gildan and Fruit of the Loom who have indicated an increase of 5%.

Whilst workwear has withstood the recent economic downturn we will wait to see the effect of this latest jolt to the industry. Whatever the future holds JKL Clothing have already given notice of their intent to resist significant price increase, a move that will hopefully go down well with all their customers.