Rug sales up despite difficult '01. (The Facts: Accent & Area Rugs).(2001)(Statistical Data Included)
Home Textiles Today, January, 2002 by Corral, Cecile B.
NEW YORK -- For a year that was replete with retail bankruptcies, particularly in the specialty and independent retail channels, and a considerable slowdown in consumer traffic, the area and accent rug industry fared modestly well in 2001 with $4.5 billion in sales -- a 2.3 percent gain in sales over 2000.
The findings are the result of an annual survey conducted by Home Textiles Today. For the seventh consecutive year, HTT's "The Facts: Accent & Area Rugs" offers suppliers a statistical analysis and trend forecast for this segment of the home textiles industry. Paul D'Huyvetter, senior vp, Oriental Weavers of America, Dalton, GA, is hopeful that this year's results represent a sign of better things to come next year. "This year we felt a...
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