US Dollar Decline Causing Unprecedented Increases

As the value of the US dollar continues its downward spiral everything imported takes on the burden of the net effect. Fabrics we import from Canada have increased 45-60% over the past year. The Canadian dollar is now worth a dime more than the US$. Import garment FOB pricing, combined with increased freight costs, have started to sway purchasing of apparel back to the US. Unfortunately, the US infrastructure is no longer in place to support a broad return. What this will mean over the comming months is likely an overall acceptance of higher apparel pricing, whether domestic or offshore.