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N. Corah And Sons
N. Corah and Sons was a textile industry, textile manufacturer of hosiery and clothing located in Leicester, England. At one time it was the largest knitted fabric producer in Europe, and its products had a major influence on the development and prosperity of the Marks & Spencer chain of retail stores. In 1989 the company was acquired by Australian corporate Charterhall, but it soon crashed in a 26.5m loss, which resulted in the closure of both firms in the 1990s. History Foundation The company was founded by Nathaniel Corah at the Globe Inn, Silver Street, in Leicester –a building which still survives, and which at that time was closely associated with the city's stockingers.Room 1982, p. 152. in 1815. Corah's business model was to buy completed stockings in Leicester, and to sell them elsewhere at a profit. The majority of Corah's sales were in Birmingham, and he maintained a stock room in another public house there. The business soon grew, and its own premises on Union S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
