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Essay

Arbind Mills

Essay specific features

 

Issue:

Business

 

Written by:

Kevin N

 

Date added:

April 7, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 741

 

Was viewed:

5525 times

 

Rating of current essay:

 
Essay content:

The garments business is at a nascent stage and unlikely to make a notable difference to revenues and earnings in FY 05. Over the long term, the company's ability to weather fluctuations in cotton prices and gain a sizeable market share in the garments segment would have an important bearing on its profitability...
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Cotton prices have risen by 17 per cent over the past year; they have, however, been on a downward trend in the last few months, which should have eased the pressure on margins. But that has not been the case. A large inventory of cotton at relatively higher prices, perhaps, explains the negative impact on profitability...
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