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 47.71 - Retail Sale Of Clothing In Specialised Stores
257 jobs Number of planned job losses
Announcement Date
12 September 2024
Employment effect (start)
16 September 2024
Foreseen end date
30 September 2024
Description
Placed in compulsory liquidation last May, the women's ready-to-wear group Sedev (which owns the ‘Des marques et vous’ brand, formerly ‘Devianne’) was taken over by two competitors: Intersport via its subsidiary Blackstore and Chaussea. As regards jobs, only 143 out of 400 will be retained. Around 40 employees at the head office in Marcq-en-Barœul will not be taken over.
The court chose their bid, out of the four submitted, as it was preserving the most jobs and shops. The new buyers will keep around twenty of the 35 existing shops (Intersport will acquire 12 and Chaussea 8).
Eurofound (2024), Sedev, Merger/Acquisition in France, factsheet number 201583, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201583.
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