Langsha Group & W*M

12/7/07 - Langsha Group, China's largest sock manufacturer, temporarily stopped cooperating with Wal-Mart this July because the latter offered unacceptably low prices for purchase orders. The manufacturer and Wal-Mart did recently reach an agreement, and Langsha has begun making medium- and high-priced products for Wal-Mart. (Bear Stearns note: Though the headline was from earlier this month, we recently came across this article and thought it would be of interest.)