| From Ninemsn.com.au: When it comes to passing on costs to consumers, Next has been among the most aggressive (and vocal) of the UK's larger retailers. Since the autumn, Lord Wolfson, its chief executive, has been telling the City that its customers would have to pay more for their jeans, T-shirts and dresses because of significant cost price pressures around the world.
Unfortunately, he does not seem to be able to raise prices quickly enough to counter the impact of rising raw material costs...............................................Full Article: Source
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