No More Big Squeeze
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Despite the recession, Quebecor World Inc., Montreal, saw an increase in its trade business, but the year remained a "challenge", says Jerry Allee, executive VP of book services and president of international sales.
"Publishers [tell us they] view the first half of 2004 conservatively at this time, but they indicate that inventories are being reduced to levels requiring reprinting," Allee says. "In addition, we are told they will continue to tightly manage their inventory, placing emphasis on speed-to-market and faster turnaround."
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