Australian Wool Prices Have Risen 1 Times.

Due to extreme climate change and drastic floods and droughts, wool prices in Australia, the world's largest wool producer, reached $14.85 per kilogram last week, up 1 times in the past 12 months.

The sharp rise in production costs forced global men's clothing producers to raise prices.

Bernd Hake, general manager of Hugo Boss, who has 450 stores in Europe, said that if wool prices continue to maintain at this level, we will adjust commodity prices.

He said retail prices could rise by 10%.

The London Financial Times reported that the famous handmade operators in London, such as Savile Row and Paul Smith, were also affected.

provide

The same is true in the United States.

Men's clothing expert Joseph A Bank warned last week.

The wool industry, which has a long history of 85 years, has been hit by the weather recently.

The increase in global demand, especially in emerging countries like China, is an important factor in pushing up the price of wool.

For example, a traditional Scotland skirt should be made of 100% wool, at least 8 yards of wool.