PROFIT ON WOMEN’S GARMENTS.
(To the Editor.) Six, —Referring to a report-of the Wellington ' meeting of the Manufacturers’ Federation in your Friday’s issue of the Daily News, Mr. Lewis is reported to have stated that “in regard to women’s garments 85 per cent, of the spending power was spent on dumped goods.” His next statement was even more wild, namely, ‘‘that retailers had been making 200 to 300 per cent, and at the end of the season were able almost to give things away and still make a profit.” If Mr. Lewis is a manufacturer and cannot compete even with the present high tariff in his favour, why not at once get after the big profits he talks about, as just now plenty of retailers would gladly sell out to him? His suggestion for a still further increase in duty is hardly likely to find favour with either the Government, importers, or consumers.—l am, etc..
RETAILER.
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Taranaki Daily News, 25 August 1931, Page 13
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156PROFIT ON WOMEN’S GARMENTS. Taranaki Daily News, 25 August 1931, Page 13
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