Shirt making firm Smyth & Gibson to close Londonderry factory with loss of 34 jobs
Shirt making company Smyth & Gibson has announced it is closing its Londonderry factory with the loss of 34 jobs.
The company made the move following an increase in production costs and a drop in retail sales.
Smyth & Gibson manufactures high quality garments for retail brands- including Marks and Spencer, JW Anderson, Fred Perry, Tiger of Sweden and Margaret Howell.
The company lost a number of key customers in the last year and this revenue has not been replaced.
Sam Morrison, director of Smyth & Gibson, said: “Today is a very sad day for the company. For many years our factory in Derry-Londonderry has been one of the last remaining traditional handmade shirt makers in Britain and Ireland.
"We have taken every step we could to avoid the closure of the factory, however we are facing a volatile retail climate which has meant that our current business structure is simply no longer viable.
“We have been in close contact with our employees and have already completed a formal consultation period. I am pleased that we have been able to secure permanent employment for 20 of those affected with O'Neills Irish International Sports Company. We will continue to provide support to all employees as we approach our closure date in May.”
Belfast Telegraph Digital