Mundotextil Plans to Build Own Facilities, Brand in Key Markets

Caldas de Vizela (Portugal) — With a turnover of around $40 million in 1999, Mundotéxtil is the second largest Portuguese producer and exporter of terry towels. The company's product range includes piece-dyed towels and double jacquards as well as blends of linen and modal with cotton. The emphasis is on new designs and updated collections for the top end of...