A national knitwear fashion house, the multi-million dollar Kensington based business will close its doors after 47 years due to non supply of yarn from Italy.
Company has been manufacturing high quality knitwear for a national marketplace from its Kensington factory.
Knitwear firm has been facing a lot of difficulties over the past five years and now the pressure has intensified leading to closure resulting a loss of 20 jobs.
They had no yarn for their summer collections and had also to cope up with skill shortage.
The fashion label, which includes suits, dresses, shirts and jumpers for men and women, sells well interstate, but has few outlets in SA.
When one of its biggest retailers closed among the three Sydney shops, the factory lost an annual order of more than US $1.2 million.
The pending closure of the Kensington factory/showroom reflected the demise of manufacturing in Australia.
marketing@alchempro.com
