Sales unravel for Kinross cashmere firm Todd & Duncan
Sales unravel for Kinross cashmere firm Todd & Duncan © DCT Media Todd & Duncan MD Iain Cormack at the facility in Kinross. A Kinross cashmere firm that supplies some of the world’s top fashion houses saw sales fall 25% last year due to the pandemic. Todd & Duncan dyes and spins cashmere and lambswool yarns for some well-known names in high fashion. With global retail closures and fewer events, the high-end fashion market has been badly affected by Covid-19. ‘Significant efforts by employees’ Managing director Iain Cormack described the impact on the business, which has traded since 1...
Source: thecourier.co.uk