Laederich

"This well-deserved fame undoubtedly made him insensitive to the rapid changes in the economic world and the future of his own group. In 1950, only 3% of the French consumption of cotton goods were imported, by 1968, this would be 35%. Unresponsive to these changes, Marcel Boussac, clings to cotton. In 1966, he still buys two moribund companies in the Vosges which had previously eluded him, Laederich and Géliot. Their takeover is a complete fiasco."

"Textile Hoarding.” Noting that “never, at any time and at any era, was a cotton company founded with such a large capital,” Boussac is presented as a henchman of Laederich and Léderlin: “The war, with its needs, offered the alliance of Mr. Laederich and Mr. Léderlin immense horizons. Companies needed to be founded to monopolize textiles, companies that would devour small industrialists and small manufacturers for the benefit of a trust.”"