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.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
160 jobs Number of planned job creations
Announcement Date
5 December 2024
Employment effect (start)
5 December 2024
Foreseen end date
31 December 2026
Description
The Danish fashion conglomerate Bestseller will open 55 new stores in Portugal, as part of Bestseller's strategy for Portugal by 2026. These will comprise 25 outlets of the Jack & Jones brand, 10 Vero Moda, and 20 stores of Only, a women's fashion label.
Regarding to the Only stores, the company has plans to invest €4 million to open a total of 20 shops in Portugal in three years, which will create more than 160 new jobs.
Bestseller already opened two womenswear brand's Only shops in Portugal, in Amadora (Lisbon) and Vila Nova de Gaia (Porto).
Eurofound (2024), Bestseller Handels Portugal, Business expansion in Portugal, factsheet number 202107, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202107.
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