Companhia de Tecidos Norte Competition
Now Viewing Companhia de Tecidos Norte's competition in: Textile Manufacturing (primary)
Recent Developments
Textile Manufacturers Lobby Congress - Textile manufacturing executives joined the American Manufacturing Trade Action Coalition to lobby Congress to stop job losses and boost competitiveness in manufacturing. The group says that it supports free trade as long as it's fair. The coalition notes unfair trading practices, government subsidies, and currency manipulation as ways that foreign governments take advantage of US free trade policies. The coalition also wants the presidential candidates to prioritize ending the offshoring of US manufacturing jobs.
Le Coq Ends US Presence - Le Coq, the upscale French sportswear brand, closed its US facility just a few months after relaunching it. The firm targeted fashion boutiques and private athletic clubs frequented by high income consumers. Some retailers said that the fashion line was too European-looking and wouldn't sell to the US public. The company will focus on meeting higher-than-expected European demand.
Brooks Brothers Keeps US Tie Factory - Bucking apparel manufacturing trends that have 80 percent of apparel jobs moving offshore since 1990, Brooks Brothers manufactures all its ties at a plant in New York City. The company sees real advantages in keeping its US factory, such as testing new fabrics, working with suppliers on innovations, and making changes "on the fly," which would be impossible to do offshore. The company notes the flexibility for innovation as reasons to manufacture in the US. The cost of ties is also 70 percent material, meaning that labor component is much less important.
Competitive Landscape
Demand is driven by the domestic apparel industry and consumer demand for home furnishings like carpets, furniture, and curtains. The profitability of individual companies depends on efficient operations. Large companies have economies of scale in production for high-production items. Small companies can compete successfully by producing specialized textiles. The industry has become more automated but is still labor-intensive: average annual revenue per employee is under $170,000.
Textile Manufacturing Industry Forecast
from Hoover's/D&B subsidiary First Research
The output of US textiles and knitting products is forecast to increase at an annual compounded rate of 5.6 percent between 2007 and 2012.
Textile & Knitting Products Manufacturing Growth Recovers
First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.
First Research Opportunity Rating
The First Research Opportunity Rating is First Research's estimate of industry performance vs. industry risk over the next 12 to 24 months.
- Demand: Depends partly on home furnishings
- High fixed costs
- Risk: Slow home sales cut spending on carpets, curtains
Industries Where Companhia de Tecidos Norte Competes
- Consumer Products Manufacturers
- Linens (primary)
- Apparel
- Window Coverings & Wall Coverings
