Apparel firms pass on cost pressure to customers
From the feedback of the clothing markets such as Liuhua clothes distribution center in Guangzhou, Quanzhou clothing wholesale market in Fujian and Humen clothing wholesale market in Dongguan, most of the apparel companies have delayed their plan of launching new products in fall and winter and reduce the procurement conferences due to the increase in raw material and labor cost. More enterprises choose to expedite the release of new products and adopt hidden price increase, passing on the increase in cost to customers.
POST: 2024-11-25
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