Penedo Shoots For ‘Italian Look and Fashion’ at Lower Prices

Mascotelos, Guimarães (Portugal) — Téxteis Penedo is shoring up its export effort with particular attention to Japan, according to Xavier Leite, general manager. "We have reinforced exports to Asia as well as to countries like Australia and New Zealand, where we have achieved some good orders," he said. "In 2001, we expect Japan to account for 5-10% of sales. The...