The Hosiery Industry 2003 and Beyond

Observations and Reactions on the Current State of the US Hosiery Industry


What Are Our Opportunities


Situation in 2003

  • Trade Agreements Not Favorable to US Manufacturers Are Being Signed

  • 2005 Quota Phase Out

  • Textile Mill Closings Increasing

  • Media Says We Are Dead

  • Competition From Overseas Sources Increasing

  • Retailers Setting Up Overseas Sourcing

  • Profit Margin Shrinking On All Product Lines

  • Retailers Decreasing

  • Customers Slow to Pay, Net Never Terms

Gloom and Doom



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