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Consumer Products Set to Rebound Next Year

Kline analyst expects innovative companies will succeed.

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By: TOM BRANNA

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With the U.S. GDP growing 3.5% in the third quarter, economy recovery is on the way for consumer products companies, according to Carrie Mellage, director, consumer products, Kline & Co. However, the gains won’t come without pain. Ms. Mellage noted that in recent months there have been store closings (including C.O. Bigelow, Crabtree & Evelyn and Ann Taylor), companies going out of business (Linens ‘N Things, Fortunoff and Illuminations) and, of course, discontinued bran...

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