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...Today, the textile sector today has 1,600 companies registered and, last year, they reached a turnover of Dh60bn ($5.6bn), according to the Moroccan government....
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...The four biggest southern European economies have outgrown Germany by about 5 per cent since 2017, underlining the region’s two-speed recovery from recent shocks....
...“When the big retailers such as Marks & Spencer and Laura Ashley started to do off-shore sourcing in the ’80s and early ’90s, that was the death of a lot of textile companies in the UK,” Woodhouse says....
...But he has revived the two brands, bringing them together under the banner of a new company, Walter Grant Norton, and rehiring the entire workforce....
...Sunak’s wife, Akshata Murty, has shares in the company worth an estimated £625mn....
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...Both sides can then benefit if investors put a premium on companies incorporated there....
...Tesla insisted its advisers’ analysis suggested that there would be no discount applied to a company in an untested legal environment....
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...Together, they founded a textile manufacturing company, Old World Weavers. To gain inspiration for their work, the couple travelled the world together until Carl died in 2015, aged 100....
...Then again, after a 43 per cent stock price rally this year, the company is no longer cheap....
...Arnault grew up in Roubaix, in the historic textile region of northern France, and saw heirs to family businesses squander their legacies....
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