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 Household Equipment In Specialised Stores 47.59 - Retail Sale Of Furniture, Lighting Equipment And Other Household Articles In Specialised Stores
180 jobs Number of planned job losses
Announcement Date
24 May 2024
Employment effect (start)
24 May 2024
Foreseen end date
24 May 2024
Description
The French furniture brand Interior's has been forced to terminate the employment of 180 workers and shut down 30 stores nationwide, following its failure to secure a new buyer after entering bankruptcy proceedings.
Despite extensive efforts to revive the company through a comprehensive restructuring plan launched in 2022, the initiative proved unsuccessful in stabilizing the business. As a result, the company is now reluctantly compelled to proceed with these significant layoffs and store closures as part of its ongoing liquidation process.
Eurofound (2024), Interior’s, Bankruptcy in France, factsheet number 201757, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201757.
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