Wool: As part of the strategic refocusing of the core business on China and raw material-producing countries, E8 million has been dedicated to completing the withdrawal from European and North American wool combing, cutting combing capacity in Australia by two thirds and closing the European head office.
Fabrics: Following the decision to refocus the fabrics business on marketing and design operations, backed by manufacturing facilities in China, Morocco and
|
| France, E5 million has been allocated to adjusting European production capacity by selling three plants and, as announced, to reducing by around 25% the workforce at the remaining French production facility which is dedicated to new product development.
Interlining: E4 million has been dedicated to transferring part of the non-woven production capacity to China and closing the last manufacturing unit in Italy.
Protective Films: E2 million has been committed to a program to reduce manufacturing costs in North America. 
|
|
