When sticking to the knitting works
from Scotsman.com

WHILE most companies are battling to survive the downturn, a few entrepreneurs are turning the slump to their advantage. International banker turned knitting guru Lucy Bailey is one of those entrepreneurs. Bailey has found a growing market of cash-strapped consumers for whom staying in is the new going out and who are looking for homespun hobbies – and know that a good sweater can help keep heating bills down. Result? Bailey's haberdashery chain, McAree Brothers, is going from strength to strength. Knitting sales alone are up by a quarter this year, while total sales in the 12 months to 25 January have risen by 12 per cent to £959,924.

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