Sesión Moda y Sostenibilidad – Lecturas previas Sandra Castañeda‐Elena, Textile Exchange` Para: IDEC‐UPF Postgrado de Gestión de Empresas de Moda Cotton, the new luxury http://mbf‐trendtalk.blogspot.com/2011/02/cotton‐new‐luxury.html We saw the warnings last year when many companies began to slowly raise the prices of their cotton‐made products and overall use less cotton and more synthetic blends. The price of cotton rose almost 80% within last year, caused by the flooding in Pakistan, bad weather in China and India, and the initial low inventory due to a weak demand during the recession. But last Friday marked a record high of a 150% increase since beginning of 2010, with cotton prices at $1.90 a pound. And reasonably, as many manufacturers switched to cheaper alternatives, prices of polyester and other synthetic fibers also increased. Come July and August when the new fall 2011 collections hit the sales floors, it is guaranteed that we will see price increases all across the board, no matter the price point. How much of an increase, however, is yet to be determined. Retailers from all levels face the challenge of finding ways to keep their price points competitive, yet understandable to consumers. After the last several years with all down low recession prices, how customers will react to the increases after being so used to the bargain‐friendly merchandise is what's on every retailer's mind. Denim companies face the biggest obstacle as cotton is their primary raw material. Levi's announced plans to increase prices, while Mustang, a Germany‐based supplier of denim‐inspired lifestyle fashion, is actively working on a goal‐oriented set of measures to manage the additional costs. Besides moderate price increases, the company plans to lay off about 16 of their approximately 600 employees worldwide, affecting mostly the staff working in overhead functions. With rising production prices, retailers must reconsider all facets of their business structure to stay afloat. Other apparel companies that plan to increase prices include V.F. Corporation, J.C. Penney, Nike, and Hanesbrands. However, as prices in traditional fabrics increase, there is an opportunity for new eco‐friendly materials to find it's place. For example, H&M reported a 10% drop in profits as margins were hurt by rising input costs. However, the Stockholm‐based company insists that it will not lift prices at the expense of market share. Earlier this month, H&M debuted a range of environmentally friendly fashion for spring, expected to hit stores April 14, 2011. Named "The Conscious Collection" for men, women, and children, the line is made from sustainable materials like organic linen, recycled polyester, and Tencel. No longer just about organic cotton, the line emphasizes the endless possibilities of fashionable items with smarter green materials. H&M expects to continue this line several times throughout the year. And let's not also forget their recent Waste Collection, the limited line made from left over fabrics from the production of H&M's designer collaboration with Lanvin. Recycled materials and vintage clothing will naturally gain momentum as both require little to none materials cost. The American swimwear brand, Speedo, recently collaborated with student designers from the London College of Fashion, University College Falmouth, and the University of Huddersfield to rework their surplus of LZR Racer swimsuits. The Speedo LZR Racer was launched in 2008, but due to the 2009 ban preventing swimmers to compete in full‐body swimsuits, the company was left with a substantial amount of dead stock. Collaborating with eager and creative students, the final result was a couture twist to the normal swimwear attire. Click here to watch the behind‐the‐scenes video of the student collaboration. 1
...
Leer documento completo
Regístrate para leer el documento completo.