The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.75 - Retail sale of cosmetic and toilet articles in specialised stores
457 jobs Number of planned job losses
Announcement Date
28 March 2021
Employment effect (start)
Foreseen end date
Description
The management of the perfumery chain Douglas Italia presented a restructuring plan entailing the closure of 128 salespoints employing 457 workers, the majority of them are women.
The list of 128 stores that will be closed was announced to the trade unions and the company already started to cancel a good number of shops' rental contracts.
The choice, connected to the reduction in business volumes connected to Covid-19 restrictions, is contested by the sectoral trade unions. A meeting between the parties has been scheduled at the Ministry of Economic development for 6 April 2021.
In Italy, the company has an historical presence and counts over 500 stores.
Eurofound (2021), Douglas Italia, Internal restructuring in Italy, factsheet number 104401, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104401.
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