Invest in warm, stylish jackets because come September, sweater and knit prices are going to soar up to 20%. Retailers have done all they can to absorb costs, but due to a combination of higher commodity and labor costs, the weakening dollar, greater shipping expenses due to pricier oil, and heightened labor wages in China they are left with no other choice but to raise knit prices.
With the upcoming top trends however, I’m sure there will still be that urge to splurge. Here’s a sneak peek:
“Completers” including sweater jackets, blazers, motorcycle jackets, cardigans
Saturated colors including plums and greens
Less embellishment, more quality
Large gauge textures i.e. waffles and cable knits
Cocoon, oval, and boxy shaped coats
Novelty pieces over basics