Sports Sock Company

Type
Internal restructuring
Country
Ireland
Region
Ireland; Southern;
Location of affected unit(s)
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13 - Manufacture of textiles
13 - Manufacture of textiles
147 jobs
Number of planned job losses
Job loss
Announcement Date
25 August 2003
Employment effect (start)
Foreseen end date
1 September 2003

Description

Sports Sock was taken over by US multinational Kellwood last year. The company said ongoing unsustainable businesses losses due to reduced customer demand and increased costs, were to blame for the decision (147 job reductions).

Sources

  • 26 August 2003: The Irish Independent

Citation

Eurofound (2003), Sports Sock Company, Internal restructuring in Ireland, factsheet number 58982, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58982.