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Rising Labor Costs: New Clothing Prices Up To 15%

2010/6/26 10:37:00 40

Clothing Labor Force

stay

Raw material

And under the double pressure of labor cost rising, clothing enterprises have chosen to speed up the introduction of new products and raise prices secretly, so as to shift the pressure brought by the rising cost.


"Workers' wages have been raised by 10% this year."

Fujian family

Clothing enterprise

The person in charge told reporters.

In addition to the inertia of labor costs every year, clothing companies must face the pressure of soaring raw materials such as cotton and cotton cloth this year.


For textile and garment enterprises, raising prices has become the main way to deal with cost pressures.

Xu Zhihua, chief executive of PEAK, told reporters that the company had raised its product price by 10% in the third quarter ordering session.


"Compared with the old ones, the new price rises are easier to get.

market

Accept. "

According to the insiders, speeding up the introduction of new products and appropriately raising the prices of new products are the magic weapon for most garment enterprises to increase their costs. "The cost of raw materials in general is up by 10%, and the price of products will rise by 8% to 15%".

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