Financial records of the textile manufacturer present an overall picture of a successful business strategy. The company was a successful defender of a well-established market in a mature industry, but at the same time innovative and willing to experiment in new technologies. Management recognized that profit opportunities lay in the development and effective marketing of a differentiated and well-balanced product portfolio. This conclusion tentatively suggests that economic processes in textile merchanting and production were in contradiction in the late Victorian period, and that whilst temporarily sustaining inefficient producers and efficient distributors, this contradiction may have led to the ultimate downfall of the industry.
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