After one of the most volatile years in fiber prices in 2011, stability returned to the market in 2012 and the outlook seems steady for 2013, but not without some concerns.
Cotton prices are at 68.4 cents a pound today compared with 86.4 cents a year ago, after exceeding $2 a pound in the spring of 2011 following a perfect storm of renewed demand. The recession eased and emerging markets increased usage just as natural disasters such as droughts in Texas and floods in Bangladesh and Pakistan lowered crop yields. This coincided with farmers opting for higher-profit crops to bring supply levels even lower.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)