A Chinese company is buying Todd & Duncan, the cashmere...

A Chinese company is buying Todd & Duncan, the cashmere division of the Scottish textile company Dawson International. Ningxia Zhongyin Cashmere Company will pay £6.5 million (€7.7m-$10.6m), the BBC has reported. It will keep on the 200 workers and continue trading under the Todd & Duncan name. Dawson’s chief executive, ...

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