By  on March 10, 2009

LAS VEGAS — Foreign factories coped with the recession by drastically lowering their minimums and reducing prices as they sought new U.S. customers at two sourcing shows held here last month.

At the latest edition of Sourcing at MAGIC and the ASAP Global Sourcing Show, the number of exhibitors declined significantly. With 13 exhibitors, ASAP didn’t rent a ballroom at The Venetian Hotel as it had in the past. Instead, participating factories erected booths in the hallway connecting the Sands Expo & Convention Center to The Venetian.

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