Today Klopman is at the start of a new existence as an independent entity. After having had three different US parents in the past 30 years, the company was bought for development by BS Private Equity, an Italian venture capital business, in 2003.
Its new owners have injected Euro15 mn (US$19 mn) on upgrading its dyeing and finishing facility in order to reduce costs, improve fabric quality, and increase flexibility and speed of response.
The European corporatewear market is highly competitive and changing rapidly. Technical protectivewear is becoming more important. Also, as the threat of cheaper imports from Asia continues to grow, the clothing manufacturing industry is undergoing substantial rationalisation. By offering a high level of customer support and technical excellence Klopman believes it can keep its Europe-based operation on top.
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