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Article: With few exceptions, housewares are suffering.(News)
- Article from:
- Plastics News
- Article date:
- June 1, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, 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: Steve Toloken
One key gauge of the health of China's housewares industry exports through the port of Hong Kong dropped 26 percent in the first two months of this year, and many plastics suppliers in that sector say they have seen a similar drop-off.
Not everything is declining niches like environment-themed products or well-designed goods were proving somewhat resilient. But many export-oriented companies interviewed recently at the Hong Kong Houseware Fair, held April 20-23, said the sector overall has been hit hard and it's not clear if it's reached bottom yet.
Hong Kong's Daka International Ltd., which has won design awards for its ...
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