Bedding Outlook -- Second-tier, specialty producers see host of challenges on horizon
David Perry -- Furniture Today, 12/29/2006 6:17:00 AM
Difficult year expected in '07HIGH POINT -- Like their larger counterparts, leaders of second-tier and specialty bedding producers generally see a challenging year on the horizon. Dollars are going up, they predict, but unit growth won't keep pace.
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* Dave Roberts, president of Comfort Solutions: "It will be a continuation of 2006. Retail will be challenging. A slow housing market and high consumer debt levels will keep consumers out of the market. It will be challenging to keep the factories full. It will also be challenging to maximize sales opportunities while limiting margin erosion."* Gerry Borreggine, president of Therapedic: "This will be a difficult year. Housing starts have slowed, and the real estate market has flattened. Both are indicators of slowed home furnishings sales."
*For the complete report, see the Dec. 18 print issue of Furniture Today, or to order an electronic copy go to http://furnituretodaystore.stores.yahoo.net/ftbedout07.html
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