Raw material prices are on the rise
A textile industry body in France, UIT, has issued a statement to warn customers that the prices of raw materials and of freight are “soaring”.
UIT, which represents 2,200 companies in France involved in knitting, weaving, finishing and other textile activities, has warned clothing brands and retailers that shortages of raw material, supply disruption, delivery delays and price increases are likely because the effects of slowdowns and shutdowns, caused in the last year by covid-19, are slowly beginning to be felt across the world.