One Of The Cheapest Clothing Brands Out There Is Raising Prices

From homes and cars to baby diapers and bacon, there isn’t a single expense that hasn’t yet felt the toll of inflation — and fast fashion, or the $10 jeans and t-shirts that many rely on to clothe their families, is one of the latest victims of higher material, shipping and labor costs.

Primark, the retail subsidiary of Associated British Foods (ASBFF) , has long been associated with extremely low prices — a pair of jeans can go for $20 while a sweater currently sells for $12. The brand, which started out in Ireland, has been rapidly expanding to the US with nearly 60 stores.

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