Textile industry
Article Abstract:
The outlook for apparel textiles is fair after a good year in 1997 for both the man-made and natural fiber segments of the textile industry, due to more stable material prices and better inventories. Home furnishing textiles are also expected to outperform apparel textiles in 1998, and Mexico, which uses US textiles, has become the leading US apparel supplier. Investors must be selective in buying these stocks, as the industry has become less timely.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Textile industry
Article Abstract:
The market for home furnishing and apparel synthetic fibers has been healthy so far in 1997 through technological advances. The North American Free Trade Agreement has also been beneficial for the textile industry with lower duties, and Mexico has become the largest apparel supplier to the US. Global denim demand, however, is one of the industry's weak segments. Investors should choose textile industry stocks which have strong market niches.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Textile industry
Article Abstract:
Mexico has replaced China as the apparel supplier to the US since passage of the North American Free Trade Agreement in 1996, and the textile industry in the US is expected to benefit from this. The merger and acquisition trend is expected to continue and help the industry's overcapacity problem, and lower cotton prices will help denim margins. Investors need to focus on timely stocks which have sound international operations.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: