The problem with your cashmere sweater

If you buy a cashmere sweater from Johnstons of Elgin, a 226-year-old Scottish wool mill, you might pay $450. Some other brands charge thousands. But it’s also possible to buy a cashmere sweater elsewhere for $50 (or even less if it’s on sale). Cheap cashmere has become ubiquitous…. That could eventually decimate the supply chain. Read more at Fast Company.