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UK crisis hits Flemish carpet sector

The Flemish textile group Beaulieu International Group (BIG), which in the past dominated the world market for woven and tufted carpets, is now cutting back production. It recently closed down two subsidiaries in northern France, with the loss of 344 jobs, having already cut 500 jobs in two Flemish plants last year. The company, which now employs about 3,000 people, made a net loss of €64.6 million in 2008.

(July 22, 2024)