Bosses at textile company Johnson Service Group (JSG) have said full-year results will exceed current market expectations. This is down to a well-timed acquisition last year and strong trading from the company's core textile rental division. Its new £8.2m garment processing plant in Leeds will open in early 2015.
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Meanwhile, the dry-cleaning business is limping along. Several initiatives to drum up new business have failed to maintain 2013 like-for-like sales growth. As such, more than 100 retail branches will close during the first half of the current financial year, while the company will expand its presence in Waitrose stores.
