Pittards has reported flat results for the first six months,...

Pittards has reported flat results for the first six months, which it puts down to the 150 percent tariff on crust leather exports imposed by the Ethiopian government. The U.K.-based leather company reported profits of £100,000 (€124,185-$160,330), in spite of restructuring costs of £200,000 (€248,372-$320,661). The firm expects the prices ...

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