At What Price?

September 2004
Home Textiles Today;9/6/2004 Supp 25th Anniversary, p56
Trade Publication
The article discusses issues related to prices in the textile industry. Some attribute the drop in prices in the U.S. to competition from businesses in China, where real estate and labor come at a much lower cost. According to Leo Hollander, chairman Hollander Home Fashions, U.S. companies don't have to move to China to compete, rather, they have to be highly efficient, use technology to their advantage and provide superior customer service. While U.S.-based companies may not be able to raise the price of their products if they want to stay competitive on the retailers' shelf, they can work to lower costs and increase margins by becoming more efficient.


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