Leading slipper manufacturer RG Barry Corp said on Tuesday it will axe its Goldsboro distribution center early next year in a bid to cut costs.

The Ohio-based company said it will transfer operations from the North Carolina warehouse to its Nuevo Laredo, Mexico, distribution centre in a move that should save it around $1.5 million a year.

It added expenses from the closing will be included in a previously announced fourth-quarter charge of about $2.5m to $3.5m.

Chairman and CEO, Gordon Zacks, said: "RG Barry has been striving to reduce costs and shorten the time its products take to reach market. This move addresses both of these issues and will help the company succeed in the global marketplace."