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Article: VENDORS COOL HEELS AFTER RETAIL MERGERS.(Industry Overview)
- Article from:
- WWD
- Article date:
- December 5, 2005
- Author:
CopyrightCOPYRIGHT 2005 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Karyn Monget
NEW YORK -- The repercussions of retail consolidation, particularly Federated Department Stores acquisition of May Department Stores, is creating uncertainty going into 2006 for many small and independent innerwear firms.
The key concern is among companies that mainly produce private label goods, firms that have innovative merchandise but lack a strong marketing and advertising program and vendors with limited sourcing capabilities.
However, the major companies and big brands that have the financial muscle, slick marketing and a worldwide presence also could be caught in a wait-and-see scenario, industry experts said. The ...