Ash City: Eye on Asia
“One’s destination is never a place, but a new way of seeing things.” – Henry Miller
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Example: Cotton prices continue to fall on the Futures Market for the December 2011 and March 2012 bookings, which leads me to believe that raw material costs on Cotton could come down as much as 35 percent over the next year. The issue is when that price comes into effect, as these lower priced crops of cotton won’t be available for delivery to the mills until December 2011, after which production would only commence in May 2012. From the factories, the finished garments must then be shipped to North America for distribution in September 2012. That means your stock inventory manufactured with the lower priced cotton could take up to nine months before it even hits a supplier’s shelves.
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- Companies:
- Ash City USA
- People:
- Garry Hurvitz
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