Cotton prices just hit a 10-year high. Here's what that means for retailers and consumers

The last time cotton prices were this high, it was July 2011. “In 2011, we needed a prayer meeting,” Levi Strauss Chief Executive Chip Bergh told investors on an earnings call Wednesday.
Read more: https://www.cnbc.com/2021/10/10/cotton-prices-hit-10-yr-high-what-it-means-for-retailers-and-shoppers.html?source=Snapzu