Hong Kong-based Moulin International Holdings, the world's third largest maker of eyewear, said that it will concentrate its production in China. It will reduce staff numbers at its Czech Republic plant later this year after transferring optical technology processes to China, where 4,000 of its 5,000 workforce already work in Chaozhou and Zhongshan, Guangdong province.
The company also plans to increase its retail business in China by opening 10 more outlets to be operated by Moulin Shanghai, and by franchising schemes in other cities.