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Scottish textiles firm Pringle announces potential redundancies
07
Jul '08
Pringle has announced the preliminary results of a major review of its manufacturing operations in Hawick. The preliminary indications from this review are that the manufacturing operation at the plant in Hawick may cease.

Pringle management met with representatives of the GMB Union to inform them of the review indications and of their intention to start formal consultation with them regarding proposed redundancies. The employees at the plant were also informed.

The proposal could affect up to 80 of Pringle's 110 Scottish-based staff. Formal consultations regarding the review and the redundancy proposals have commenced.

Management stressed that a number of other functions, including head office, finance and customer services, were not part of the review and would continue to be based locally, with the retention of around 30 jobs.

Douglas Fang, CEO, said: “We have made significant investments in Pringle since buying the company in 2000 and we have strongly supported the Hawick plant over the past eight years.

“We have to consider ways to improve the performance of the business and closure of the manufacturing operation at the plant is, very regrettably, something we must consider.

Any decision to close the operation is not one we would take lightly, but due to changing customer demands and the competitiveness of the industry, we have to consider this possibility.

“Our business model and our brand have changed dramatically over the years. The growth that we have achieved in other parts of the business has come from a much more comprehensive, ready-to-wear apparel collection and we simply must respond to the changing nature of the market.

“We are operating in an extremely competitive global market. We are determined to restore Pringle to its rightful position as a truly worldwide luxury fashion brand, but there are some hard decisions which may have to be taken for the long-term development of the brand.”

Pringle of Scotland


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