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Pittards hit by 'stubbornly high' cost of hides

20/09/2012

UK-headquartered leather company Pittards has reported flat results for the first six months of the year, which it put down to costs and tariffs associated with its production facilities in Ethiopia. It said it was not a surprise, with chairman Stephen Boyd explaining: “As a result of the 150% tariff on crust leather exports imposed by the...

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