Textile industry
Article Abstract:
Weak apparel and home decorative print sales, along with volatile raw material prices, will make 1996 a challenging year for the textile industry. New textile trade agreements and the lapse of the Multi-Fiber Arrangement will make competition even stronger. Increased industry consolidation may be needed for long-term competition in the domestic market. Textile stocks will not rebound in 1996, but several have potential for 1998-2000.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Textile industry
Article Abstract:
Raw materials costs, especially cotton, and consumer price resistance are making profit margins lower in textiles for 1995. The price of cotton has risen to $1 a pound in 1995 and will remain at 80 cents to 90 cents a pound in 1996. Prices are also increasing in wool and synthetic fibers. There is, however, strong demand for T-shirt fabric, fleece, and denim. Investors need to show caution with investments in this industry.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Textile industry
Article Abstract:
Higher raw material and other costs are hurting the textile industry in 1995. Reluctance by consumers to accept higher prices is also keeping profit margins low, but demand for stretch fabrics and denim are helping some sales. Technology and textile imports are factors which are also affecting the US industry. These stocks are currently volatile and investors need to concentrate on the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: