By Kristi Ellis & Arthur Friedman, with contributions from John Zarocostas

Julia Hughes, president of the U.S. Association of Importers of Textiles and Apparel, said the upward pressure on prices throughout Asia is a significant development.

"It is interesting that the Customs value was up double digits in Vietnam and Bangladesh [from July a year earlier]," Hughes said. "One has to assume that is higher labor, input, and transportation costs."

Click here to read the entire article on the WWD website.