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French industry estimates cashmere prices will rise next year
Recently reported that due to favorable for consumers cashmere fashion, leading to tight supply of cashmere raw materials, the industry is expected in 2011 cashmere raw material prices will rise about 15%, which will inevitably lead to cashmere fashion prices. As a once rare luxury fabrics, comfortable cashmere fabrics gradually popular in recent years. In France's Clothing chain or shopping malls, a cashmere sweater costs about 50 to 100 euros. The harsh winter of many countries this year also stimulated consumers' pursuit of cashmere fabric clothing. Michel Hubert, the deputy general manager of the French "Lafayette" mall, expects that this year it will sell 300,000 cashmere-knit fabrics, an increase of 30% over last year, and will continue to maintain this growth rate in 2011. French specialty cashmere fashion brand "Eric - Bombal" is expected to be sold this year, more than 500,000 of the brand cashmere sweater, total sales will reach 65 million euros. It is reported that more than 85% of the world's cashmere is produced in Inner Mongolia, China, where there is a goat living in the extreme climate of the Gobi. Eric - Bangpal company said that 20 years ago the number of goats does not exceed 15,000, but the current statistics show that has reached 70 million. Le Figaro reported that Chinese cashmere was once mainly exported to Scotland and Italy, and local fashion companies woven cashmere into cashmere sweaters, each costing about 300 euros. Since the import quotas for apparel products have been cut since the 1980s, the "Eric-Bhopal" cashmere fashion company has set up a subsidiary in China and has cooperated with the Chinese company "Erdos" and holds a 20% interest in "Erdos" Of the shares, the cooperation adopted the "farming - textile - clothing," the vertical mode of operation, reducing production costs, so that the "Eric - Bhopal" cashmere fashion prices by two thirds.