Diseno y Color rethinks strategy ahead of possible US recession

Diseno y Color of Peru has reacted to the dipping dollar and signs of US recession by rethinking its strategy and looking to diversify business. The textile group's general director Raul Torres wants to grow its Peruvian retail activities. Diseno y Color boasts 12 shops now but should enter 2009 with 17 - and also build a new textile-printing factory at a cost of US$4mil so as to raise its profile as a producer for third parties.

Publication: SABI - Business News
Provider: South American Business Information
Date: April 17, 2008

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