DENMARK: Scandinavia's Last Lace Manufacturer Closes
The shutdown of Danish company Scanlace means that Scandinavia is to lose its last remaining lingerie lace manufacturer. The business has become the country's latest victim of the decline in the market for lace and the high cost of manufacturing in Europe. In Denmark, in particular, wages are high and environmental taxes and other charges can account for 10-15 per cent of costs.
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