Cashmere firm jumpers for joy

Dawson International, the cashmere and bed linen company, saw its share price rise nearly 30 per cent yesterday to 2.25p after it announced that full-year results would be ahead of expectations. The company, which supplies cashmere to the world’s leading fashion designers, said that knitwear sales had been helped by the timing of high margin couture sales in the UK and branded sales in the US.