Troubled Northern Ireland hosiery and lingerie manufacturer, Adria Ltd, today announced it has scooped a major overseas contract that will help secure the future of its workforce.

The firm, which has been hit by a slump in orders and axed 165 jobs back in Febraury, has won a multi-million pound contract with US retailer Victoria's Secret, which operates around 900 shops.

Adria chairman, Terry McCartney, said today that the company was confident its share of business with the US company would increase in the coming months and help to protect the jobs of its 2000 workers.

He added that the business now intended to concentrate on making hosiery and had been gradually transferring its staff from lingerie production into hosiery.

To view related research reports, please follow the links below:-

Hosiery, Lingerie & Underwear

The 2000-2005 World Outlook for Socks, Stockings & Tights