Swank is restructuring and upgrading manufacturing plants in both Shenzhen...

Swank is restructuring and upgrading manufacturing plants in both Shenzhen and Dongguan, China. The Hong Kong-based company hopes that future growth will increase its bargaining power, counteracting downward price pressure from customers. Its turnover dropped by 20.6 percent to HK$192.2 million (€20.6m-US$24.6m) in 2003, and the group posted an operating ...

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