Dallas Day 1: Mood is up as are the prices
The mood here in Dallas among manufacturers and sales reps appears to be moderately optimistic. Manufacturers and reps I have spoken with are telling me that they and those they have spoken with are having a good year. It is important, of course, to remember that there may be some posturing here as no one wants to admit a weakness.
I am also, however, picking up an underlying concern that retail sales are going to come in extremely late and that it will be a down year for retailers because they will come to late to reorder. The good news is that this could mean a clean sell through but the bad news is lowered revenues.
My sources tell me that prices are going up anywhere from 5 to 40%. The median number I am hearing is 30%. It is early, however, and manufacturers will be getting their first reactions from retailers and reps so we will need to see if these kinds of price increases can hold.
More later.
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Char commented:
Unbelievable how well-wrttien and informative this was.
Valinda commented:
Haha. I woke up down today. You've chereed me up!
Kris Jones commented:
