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.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 15 - Manufacture of leather and related products of other materials 15 - Manufacture of leather and related products of other materials
New offshoring locations
Not Available
241 jobs Number of planned job losses
Announcement Date
14 June 2005
Employment effect (start)
1 September 2005
Foreseen end date
Description
Facing the increasing competition by Chinese producers, Cofra, a footwear company specialised in professional and safety shoes, announced its intention to relocate the production abroad, while keeping in Italy both R&D and marketing departments. The decision has been postponed to the Autumn 2005, with a view to evaluate the protection policies the UE might implement to limit Chinese import.
Sources
14 June 2005: Il Sole 24 Ore
Citation
Eurofound (2005), Cofra, Offshoring/Delocalisation in Italy, factsheet number 61905, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61905.