Leather sofa prices ‘to increase $50 to $100 dollars’ – Leathercraft head
30/04/2001
The head of the US-based leather furniture manufacturer, Leathercraft , Jack Donahoe, was quoted in the US press last week as saying he expected the current hide shortage situation will drive up the cost of the company’s sofas by around $50 at the wholesale level and $100 at retail. He further predicted wholesale prices will continue to rise over the next six months unless conditions change ‘dramatically for the better.’
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