Dawson acquires John Laing cashmere

Dawson International has bought Scottish cashmere knitwear maker John Laing of Hawick after the latter went into receivership last month.

John Laing will continue to operate under Dawson's Barrie Knitwear division. The sale has cost the loss of another 30 jobs. Receiver KPMG Corporate Recovery ordered the termination of 52 employees in January.

Dawson anticipates a promising future for the Laing and Barrie brands, and has bought the company's stock, order book and label, reports just-style.