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What to Buy Before Cotton Prices Rise
yaoo ^ | November 4, 2010 | Kelli B. Grant

Posted on 11/12/2010 5:32:04 PM PST by BenLurkin

Consumers itching for new jeans, pricey dress shirts or other cotton-heavy goods might want to pay especially close attention to this year’s holiday sales. Although the rising cost of cotton hasn’t hit shoppers yet, clothing companies have said prices will start climbing as early as January.

Bad weather in cotton-producing regions of India and China, and flooding in Pakistan, resulted in poor harvests this season, driving cotton prices up nearly 80% since the summer. So far, most clothing makers haven’t passed that cost increase along to consumers. But in recent weeks, the parent companies of a variety of brands – including retail chain Bon-Ton (BONT: 12.72, -0.50, -3.78%), Jones New York, Hanes, premium denim producer 7 For All Mankind and outdoor clothing maker North Face – have said they expect to raise their prices by up to 10% in 2011. At this point, says Randy Allen, an associate dean for The Johnson School at Cornell University, “they can’t afford not to.”

But consumers can hedge against rising prices – at least for now – by taking advantage of bumper store sales. Apparel isn’t usually a hot seller during the holiday season, at least compared with other gift categories, says Jeff Green, an independent retail consultant. So retailers are discounting their clothing inventory to make it look as attractive as toys, electronics and other popular gifts. “They’re really trying to get rid of this stuff,” he says.

Here’s a look at what to buy now — and what to wait for.

(Excerpt) Read more at smartmoney.com ...


TOPICS: Business/Economy
KEYWORDS: commodities; cotton; inflation
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1 posted on 11/12/2010 5:32:12 PM PST by BenLurkin
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To: BenLurkin

Underwear and socks!


2 posted on 11/12/2010 5:43:44 PM PST by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: BenLurkin

Stopped making Levis here years ago,American cotton textiles were the best at one time,I do not think we make anything anymore.


3 posted on 11/12/2010 5:44:46 PM PST by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: BenLurkin

What about Q-Tips? Should you stock up on Q-Tips? What about aspirin. The bottles all have those cotton thingys at the top. Should you stock up on aspirin?


4 posted on 11/12/2010 5:46:44 PM PST by Krankor (I can't see me loving nobody but you- for all my life.)
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To: BenLurkin

Egyptian, long-staple cotton is good stuff for sheets. Ain’t cheap - but 1/3rd of your life is spent in bed though. Last forever. Like anything else, buy once, cry once. Don’t make enough money to buy the cheap crap.


5 posted on 11/12/2010 5:52:43 PM PST by Freedom4US
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To: Krankor

I think cotton in medicine bottles went out a decade ago.


6 posted on 11/12/2010 5:58:42 PM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: BenLurkin

From last year to this year the price of cotton has doubled but with that said, last year there was $1 worth of cotton in a pair of blue jeans and this coming year it will be a whopping $2 bucks.

Prices will probably double though.


7 posted on 11/12/2010 6:00:24 PM PST by tiki
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To: Nachum

Ping


8 posted on 11/12/2010 6:09:23 PM PST by Jet Jaguar (*)
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To: Straight Vermonter

I must have an old bottle.


9 posted on 11/12/2010 6:10:38 PM PST by Krankor (I can't see me loving nobody but you- for all my life.)
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To: Freedom4US

I don’t know where they were made, but I recently bought a package of sheets at Sam’s - two sets to a package. High thread count, 100% cotton, they feel like silk. They make all my other cotton sheets feel like scratchy polyester. They were very reasonable.


10 posted on 11/12/2010 6:15:05 PM PST by Tuscaloosa Goldfinch ( T.G., global warming denier.)
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To: BenLurkin; All
"What to Buy Before Cotton Prices Rise"


11 posted on 11/12/2010 6:15:40 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: BenLurkin; a fool in paradise

12 posted on 11/12/2010 6:18:51 PM PST by Revolting cat! (Let us prey!)
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To: Revolting cat!

13 posted on 11/12/2010 6:20:16 PM PST by Revolting cat! (Let us prey!)
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To: BenLurkin

I bought a pair of 501’s not long ago and the quality of ther cotton was crap


14 posted on 11/12/2010 6:20:30 PM PST by al baby (Hi Mom REMEMBER FREE REPUBLIC IN YOUR WILL. I DID)
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To: al baby
My husband has lived in 501’s all his life. They suck now! Once upon a time you could take a pair off the shelf that was your size and know it would fit. Now you can try on every pair of a certain size and they all fit different, not to mention the shoddy work. We are done with Levis’.
15 posted on 11/12/2010 6:28:04 PM PST by ladyvet (I would rather have Incitatus then the asses that are in congress today.)
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To: BenLurkin; Cheetahcat
My son has Carhartt jeans and a jacket that say made in Dearborn. Maybe not made by Americans in Dearborn but at least made IN America:

http://www.carhartt.com/webapp/wcs/stores/servlet/HistoryView?langId=-1&storeId=10051&catalogId=10101

Well made and not too expensive

16 posted on 11/12/2010 6:47:41 PM PST by GILTN1stborn
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To: GILTN1stborn

“My son has Carhartt jeans and a jacket that say made in Dearborn. Maybe not made by Americans in Dearborn but at least made IN America:

http://www.carhartt.com/webapp/wcs/stores/servlet/HistoryView?langId=-1&storeId=10051&catalogId=10101

Well made and not too expensive”

Thanks for the Info.


17 posted on 11/12/2010 6:49:08 PM PST by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: ladyvet

me too i wear shorts most of the year wanted a pair of old school shrink to fit 501 the heavy denim ones the had the feel of mommy jeans


18 posted on 11/12/2010 6:58:21 PM PST by al baby (Hi Mom REMEMBER FREE REPUBLIC IN YOUR WILL. I DID)
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To: Cheetahcat

I quit buying levi’s (perhaps 8) years ago. The quality dropped significantly when the production moved overseas. I used to walk 4 miles/day in the course of daily life. They rarely wore out before and then suddenly they wore out quickly. (No, my thighs do not rub together.)

Though, when clicking on the link I was hoping to read a few ticker symbols for cotton ETFs.


19 posted on 11/12/2010 6:59:36 PM PST by posterchild (Endowed by my Creator with certain unalienable rights.)
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To: Revolting cat!

Aaaah,leisure suits.

Polyester.

Memories!


20 posted on 11/12/2010 7:14:18 PM PST by Mears
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