Sob story: Sweater prices soar by 20%

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It’s bad enough that the price of eggs are up 25% and milk has hopped 20% in cost. There goes that omelet. Now, WWD reports that an amalgamation of causes (high oil prices, bigger labor costs and the weak dollar) have ratcheted up the price of knitwear by 20% for fall. That’s sad news for sweater-philes like The Rage and makes her wonder if it’s time to pick up ‘Mother of Purl: Friends, Fun and Fabulous Designs at Hollywood’s Knitting Circle’ by Edith Eig and Caroline Greeven. This Missoni cardigan ($1,230 at net-a-porter.com) would be a bitch to stitch, but wouldn’t it be oh so worth it? And isn’t it hard to snack and knit at the same time?