NEW YORK — For an industry struggling against the evolution of global trade, the outlook for 2003 hinges as much on how Grinchy things get this month as it does on the winds of war and the recovery on Wall Street.

Coming to the end of a year that wasn’t nearly as bad for the domestic textile industry as some had feared, mill and sourcing executives said a key factor in determining how business will be in 2003 will be whether retailers wake up on Jan. 1 with a bad holiday inventory hangover.

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