Retail Industry
Industry: Email Alert RSS FeedRug vendors see higher price points and a growing Internet in future.(Atlanta Rug Market)
Home Accents Today, February, 2005 by Bulla, Tracy
AN OPTIMISTIC MOOD marked the beginning of 2005 at the Atlanta International Area Rug Market. Busy showrooms, innovative merchandising programs and a trend toward rising price points all contributed to the positive overflow, stretching from vendors to manufacturers.
Contemporary/transitional designs continue their hold on the marketplace, offset by the beginnings of reinvented classic and traditional designs that will surge ahead in markets to come. Licensed rug collections created a strong presence, including several newcomers on the scene, showing that licensing is a healthy and viable segment of the area rug industry.
Over the past few years, lower price points have been in the spotlight, but it seems the trend may finally be reversing itself. ...
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