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France biggest wool enterprise is accelerating to shift to Asia.

France biggest wool enterprise is accelerating to shift to Asia.

Write: Jamilah [2011-05-20]
France <> reported that one of France biggest wool groups--Chargeurs is planning to shift its combing enterprise to Asia And keep only 15% of which in Europe. Chargeurs group is one of France biggest wool enterprise, whose underling combing enterprises include Wool (previous name: Chargeurs laine), Chargeurs Fashion, Chargeurs Interlinging and non-woven enterprise--Chargeurs Films de protection. In 2005, this group's turnover reached 0.763billion Euro, decreased by 0.066billion Euro due to the decline of turnover of combing enterprise and fabric enterprise. In 2005, the output of combing enterprise--Chargeurs Wool reached 0.113billion Euro, decreased by 5%. However, after adjustment and shift, in this first half year, Chargeurs Wool made profit of 1million Euro instead of lose of 12million Euro in the same period of 2005.