Volume Continues Upwards, Margins Tight

We have heard much about the Wal-Mart/KMart mentality in recent months - the way they search the globe looking for the best possible price. Textile manufacturers are quick to say that retailers and their global sourcing is part of the reason for what has happened to the textile industry. These retailers have no loyalty to or for American-made products. A visit was recently made to a favorite retailer that has been in business for many decades. While shopping and browsing, Yarn Market studied a large number of garment tags. Results of this survey were somewhat surprising. In the menswear area, the line for one of golf's favorite players was featured. These beautiful golf shirts ranged in price from $70 to $100. The countries of origin on the label were Indonesia, India, the Philippines, Korea or Malaysia.