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Job losses as Balmoral Knitwear closes

Ayrshire textiles firm Balmoral Knitwear has been forced to shut its doors after being hit by the rising cost of imported materials.

The closure of the Galston-based business, which specialises in work and school uniforms, will result in 42 job losses. Balmoral Knitwear works with John Lewis and Harrods.

In a statement, provisional liquidator RSM said: “”It is with profound regret that employees of this historic business have been made redundant with immediate effect.

“The need for organisations to reduce costs and seek the lowest possible price for goods, often from overseas, has led to another blow for the Scottish knitwear industry.

“The Balmoral name is well known in the sector and we would ask any parties with an interest in acquiring the business to get in touch with us as soon as possible.”

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