“What’s Ahead for the Better Goods Market” examined both the outlook for the sector going forward and the factors and facts about why this segment has been generally outperforming the overall home textiles business over the past year and a half of the pandemic-induced economy. “Whoever has the money is where business is best and throughout the pandemic the rich got richer.”“We’re seeing the growth is coming in the better end of the market,” agreed Chris Mooney, chief marketing and merchandising officer for Welspun, the big bath and bath resource. The question is will they pay for it?”Midyette said it is up to the industry to change its ways to attract these customers. “They are not for free.”Danziger said it’s important to understand how these purchasing decisions are being made today. “This has been the best year for our home textiles business,” he said.

Source: Forbes October 29, 2021 10:29 UTC