20 % increase in the price of winter clothes

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Sunday - 4 October 2015 - 11:55 AM

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Mr. Yahya zananiry, the President of the Association of readymade producers said that winter clothing prices this year have increased by 20% compared with last year, adding that this was due to increased wages of labors and the prices of production inputs and services.

 

He Added that extending the sale period this year is result in only 10% increase because of the people is busy with buying school supplies and Feast expenses, which Negatively affecting the movement of buying and selling, and caused an increase in returns and the inability of small factories to start producing winter clothes and buying fabrics, plus the declining in liquidity and increasing the debt.