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WOOLIES KEY TO KEEPING SWIMWEAR MAKER AFLOAT

THE SA Clothing and Textile Workers’ Union has called for an urgent meeting with Woolworths to discuss the pending closure of Intimate Apparel – a local underwear and swimwear manufacturer.

Intimate Apparel has Woolworths as its main client.

It was reported at the weekend that the manufacturer’s owners, the Seardel group, planned to shut it down by November because of continuing losses.

Sactwu has a 70 percent stake In Hosken Consolidated Holdings, which owns 70 percent of Seardel.

In April. 800 workers at Seardel factories were retrenched. If Intimate Apparel folds, a further 800 would be unemployed.

In a statement. Woolworths divisional director Brett Kaplan said another local supplier would be sought.

Source: Cape Times – Aziz Hartley