Restructuring events
European Restructuring Monitor (ERM)
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.
Luxury retail company Brown Thomas will employ 400 new staff in a new store in Dundrum, Dublin. The new 62,000 square foot store, which opened in late February 2022 following a €12 million investment and refit, will be used as the “launch pad” for a range of new services across the Brown Thomas group. At the launch of the new store, the Brown Thomas group said it has recruited 400 staff for the new site, including 220 full time roles. The recruitment started in October and staff were trained at its other outlets.
The group employs nearly 1,000 employees. Brown Thomas and Arnotts will soon be acquired by a Thai and Austrian joint venture as part of the €4.7 billion sale of the Selfridges Group.
Eurofound (2022), Brown Thomas, Business expansion in Ireland, factsheet number 106364, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106364.