Pittards reduces losses - leatherbiz: Leading news site for the global Leatherbiz

News

Pittards reduces losses

08/03/2007
 
Following a year of significant restructuring, UK-based producer of technically advanced leather for gloves, shoes, luxury leathergoods and sports equipment Pittards plc, has reported improved results for 2006. The company reduced losses to £0.5 million from £2.5 million in 2005 and from £4 million in 2004.

During the year the company closed its Leeds site in the UK, transferring part of this production capacity to its Yeovil site, and established a sub-contracting relationship with Taiwan-based Teh Chang to provide an off-shore manufacturing base. It also further advanced its management contract with a tannery in Ethiopia.




Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.