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Saturday, 26 February 2011
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Pricey cotton puts pinch on clothing shops and manufacturers
HACKENSACK, N.J. -- Price surges in cotton and other fabrics have retailers and manufacturers feeling stretched, and facing a tough choice: Pass higher costs along to their customers or absorb them, thus cutting into profit margins. So far, consumers haven't really felt the impact of cotton prices that have jumped more than 130 percent in a year to the highest prices per pound since the Civil
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