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In January this year, the Dewhirst family sold its controlling share in the eponymous clothing business to management led by David Witt and Scott Beattie. The deal comes two and a half years after the Dewhirsts took the company off the London Stock Exchange in a £113m management buyout. In an effort to compete with foreign manufacturers, the company has moved its production abroad to Morocco, Indonesia and Malaysia. Sales to customers, which include Marks & Spencer, totalled £407m in the year to January 2003.

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Company details
ActivityClothing manufacturer
LocationEast Yorkshire
Sales £m407
Profit £m23
Year endDec 03
Principal shareholdersManagement

If applicable:

* Supplied by company † Annualised figure **Estimated