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Home Retail Inflation To Affect Outdoor Clothing Prices

Inflation To Affect Outdoor Clothing Prices

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Bob Shearer, VF Corporation’s chief financial officer told WWD that the clothing prices are going up because of inflation. Cotton prices have gone up 50 percent in a year, labor and transportation are on the rise and factories that closed during the recession remain closed, leading for a higher demand and less supply of product. This is going to hit every business and the outdoor businesses are no exception.

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