From the New York Post | India-based textile company SKNL, which now control’s Hart Schaffner Marx and Hickey Freeman men’s suit maker HMX, is planning to cut costs 15 percent during the next three years, leading to concerns it may shut on of its U.S. factories, according to the New York Post. Workers at the Des Plaines plant, run by the bankrupt company known for making suits worn by President Barack Obama, are particularly concerned, the report said.
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