Global Shortage

Last October, during a business trip to Asia, it became quite evident that global conditions were going to dictate an unparalleled increase in raw material costs. These dramatic cost increases would severely impact not only the price of fabrics moving forward, but their availability as well. In the last five months since the publication of our first white paper on the subject, we have seen all of the above come true. Raw material and finished fabric prices are at all time record levels and shortages are rampant throughout the marketplace. Those who failed to believe, understand, and then react quickly and decisively are now feeling the pressures brought on by this market frenzy.