Textile Services—Our Industry at a Crossroads
In today’s economy and with the political pressures we’re facing, there’s never been a more important time in our industry for operators and suppliers to pull together to put our industry back on a path to growth.
Reverse losses
The most recent report on our industry from Baird, the international wealth-management firm, included the following quotes: “We are therefore maintaining our Underperform sector call, with additional stock pressure stemming from lagging industry fundamentals” (emphasis added). “Second, pricing is becoming ultra competitive, and we do not see this dynamic changing near term. Third, we believe ...
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