OSAKA -- Japanese textile group Gunze will close four factories and two distribution centers in Japan as part of a restructuring of its apparel business, the company said Wednesday.
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Gunze to close 4 factories in Japan as underwear sales slump
Production to be moved to affiliates in Thailand and Vietnam
Gunze plans to close production and distribution facilities in Japan in a reshuffling of its apparel business. (Photo courtesy of Gunze)
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