Rising labour and materials costs hit leather apparel manufacturers
10/01/2012
Chinese leather apparel manufacturers have reported an increase in export revenues from sales in overseas markets in 2011, but a decrease in profits owing to rising raw material and labour costs. Manufacturers have told local media that the price of high-quality tanned sheepskin went up in 2011 to $4.75 per square-foot from $3.80 per square-foot...
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