Johnstons Of Elgin

Family-owned Scottish textiles company Johnstons of Elgin has announced plans to cut more than 60 jobs at its Moray mill. The 226-year-old company, known for its high-end textiles like tweed and cashmere, cited a "slowdown" in the luxury goods market and revised its sales projections for the co

Scottish woollen garment manufacturer Johnstons of Elgin is set to expand production following a robust sales performance and job creation despite a challenging economic landscape. Led by CEO Chris Gaffney, The family-run business, headquartered in the Highlands with additional facilities in the Sco

Johnstons of Elgin has reported a pre-tax profit of £3.9 million after a 28% rise in sales for the last year. The family-owned textile firm has a positive outlook as the business is expected to recover to pre-pandemic levels this year. However, the positive outlook comes with expectations of p

Johnstons of Elgin, the Scottish retailer specialising in cashmere, has warned it could close its iconic shops in Edinburgh, St Andrews and London the UK Government continues plans to remove tax-free shopping for international visitors.

A round-up of business news from across Scotland featuring: Breathe Easy’s new headquarters, Scottish SME's IoT programme success, Aymeric Renoud's beer by-product furniture project, Hop Software’s COVID-secure hotel system, Johnstons of Elgin’s 2019 results and Diag