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Pringle of Scotland makes £6.3m loss

by on November 10, 2013 in Lead story, Retail, Retail News, Scotland

From www.theguardian.com

Chinese owners of Scottish knitwear firm pledge further investment as rate of losses slows. Pringle of Scotland’s Chinese owners have pumped more than £10.3m into the knitwear company as the firm continues to suffer losses.The 198-year-old firm lost £6.3m in the year to January, according to accounts filed at Companies House, although that was an improvement on the £9.5m loss recorded the year before.

 

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