A luxury knitwear company is set to relocate to the Isle of Man and create up to 50 new jobs for local residents. The Albion Knitting Company, which was previously based in London, has now been incorporated into the Isle of Man as of December and has been renamed the ‘Albion Knitting Company IOM Ltd’. The company is known for its luxury knitwear manufacturing, and has produced items for well-known luxury brands such as Givenchy, Chloe, Paul Smith, Studio Nicholson and Belstaff.

It is also the only industrial-scale knitwear factory that has been established in London since the Second World War. The fascinating folk tales and superstitions told by fishermen on the Isle of Man Luxury apartment complex at ex-hotel site will include private club lounge and gym Spar expansion plans at Isle of Man airport garage could create 40 jobs Offshore wind farm will offer a 'variety of benefits to island residents' A spokesperson from the company said: ‘Albion has been a trailblazer in bringing back knitwear production to the UK, the cradle of the industrial revolution and the birthplace of industrialised knitwear manufacturing. ‘This move to the Isle of Man marks a significant milestone for both Albion and the island’s diverse advanced engineering and manufacturing sector.

’ The company’s decision to move to the island followed a ‘team trip’ to the 2023 Isle of Man TT races, which was swiftly followed by discussions with Business Isle of Man regarding the island’s business.