UK: Manufacturers Under Threat As Competition Intensifies
It's going to be make or break time for 36 per cent of UK clothing manufacturers over the next 12 months. According to Plimsoll Publishing's latest publication 'Profit Predictor Edition 2001: Clothing Manufacturers', an analysis of 1000 companies has revealed that the industry is set to grow at -1 per cent over the next year. This growth will not be universal as Plimsoll predicts only 23 per cent will actually see sales increase, 41 per cent will see stagnant sales, and 36 per cent are likely to see sales decline.
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