Home / Knowledge / News / Textiles / Marimekko to strengthen production structure & improve profitability
Marimekko to strengthen production structure & improve profitability
13
Aug '09
Marimekko Corporation has decided to start Group-wide statutory employer-employee negotiations regarding possible temporary lay-offs and a permanent reduction in the number of employees in Finland. The maximum number of permanent reductions is not expected to exceed 35 employees.

The purpose of the planned measures is to adapt the company's cost structure to the rapidly deteriorating market situation and improve the company's ability to develop its operations as well as safeguard the conditions for the stable development of the company. Annual cost savings of about EUR 1.5 million are being sought by various measures.

The planned measures aimed at streamlining the company's cost structure and enhancing the efficiency of operations concern all of the Group's operations in Finland. Plans to improve the competitiveness and capacity of the company's own production plants include measures that will strengthen the production structure and improve profitability.

In-house production is important for Marimekko's business, both for product development and the manufacture of special collections. The planned actions regarding production will support the company's strategy of ensuring the continuity of its own production in Finland. Marimekko has three production facilities in Finland: a textile printing factory in Helsinki, a clothing and bag factory in Kitee and a bag factory in Sulkava.

At the end of July 2009, the Marimekko Group employed a total of 407 persons, of whom 16 were abroad.

Marimekko Corporation

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search