Rug Suppliers Found Plush 2004

Corral, Cecile B.
February 2005
Home Textiles Today;2005 Business Annual, Vol. 26, p40
Trade Publication
This article focuses on the growth in the business of rug suppliers. In 2004, price hikes for raw materials, heightened direct-importing activity by retailers and retail pricepoint cutbacks represented the most challenging hurdles that area and accent rug players have had to face. By sacrificing margins, seeking new avenues of business and further developing their products, the industry accrued a 5.3 percent increase in retail sales, bringing the total to $5.9 billion over 2003's $5.6 billion. San Francisco-based Restoration Hardware built up the rug offerings for its catalog and Internet divisions in 2004. INSET: Methodology.


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