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He said that Dawson International would incur exit costs of 3.3m with the sale of the trademark to Dunelm, leaving it with only a small gain.
Dawson International chief executive Andy Bartmess said: "A lot of the people in our concessions have served with us for years and Nike Sweatshirts Womens Amazon
it is not something we do happily, it's quite difficult. But the branded business did not have a lot of longevity and we need to focus on the more successful private label business."
and other retail chains, will close as a result of parent company Dawson International to sell the trademark to homewares group Dunelmand other retail chains, will close as Nike Hoodie Navy Blue
a result of parent company Dawson International to sell the trademark to homewares group Dunelm
Group turnover for Dawson, which is based in Kinross, ticked up from 40.1m to 41.7m during the first half despite a difficult trading environment.
and John LewisBut it will shut its 120 concessions by January 2011 and has started redundancy talks with its employees.
Sales of branded items fell from 12m to 10.6m in the six months to June 28, although losses were reduced from 2.2m to 1.4m, mainly due to the closure of unprofitable concessions and cost reductions. Mr Bartmess said the group would focus on building 's private label operation, Nike Windrunner Boys
BOSSES of Manchester's
which enjoyed a strong first half with sales up from 9.8m to 11.3m and profits up from 500,000 to 1.7m.
The division will be merged with the private label operation, which employs a similar number at headquarters in Ardwick Nike Hoodies Ladies and is performing strongly.
Scotland based Dawson will continue to supply branded sheets, pillows, duvets and curtains to Dunelm for at least four years and will continue to provide own label products for retailers such as Marks Spencer
400 jobs to go at Dorma
Other jobs will go among the 50 strong team responsible for the design, distribution and marketing of branded products.
decision to sell the trademark to homewares group Dunelm
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