SPAIN: Textiles Group Saez Merino Posts Turnover Jump
Spanish textiles and garment group Saez Merino on Thursday reported a nine per cent rise in 2001 turnover to $131 million, compared to the year-ago period. More than two thirds of its sales came from its Lois, Cimarron, Caroche and Caster brands, with the remaining 23 per cent generated by its textiles division.