Hand-knotted rug vendors develop new strategies to grow their business

Article Abstract:

The development of new strategies, by the hand-knotted rug specialists to deal with the trends and to keep their businesses viable is discussed. The reasons for the new strategies are changes in product and distribution channels, turning of consumers towards mass-market stores and inexpensive rugs.

Growth, Company growth

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Weak dollar making it tough for rug importers

Article Abstract:

The Indian rupee was stronger against the U.S. dollar and this has its impact on the rug importers. However, the cost of wool, cotton and other material required for making rug has increased but since there is tough competition the rug importers cannot raise the prices thus they are in a fix.

Imports, International politics, Economic aspects, Influence, International relations, Currency devaluation, Devaluation (Currency)

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Rug exhibitors see solid uptick

Article Abstract:

The rug exhibitors received substantial orders in the furniture market in April 2004. New rugs are created with ethnic designs to match the luxurious looks of the Tibetan and Pakistani types, to meet the increasing demand.

Design and construction

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