Restructuring events
European Restructuring Monitor (ERM)
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.
Fashion group Jil Sander has announced the closure of its factory in Hamburg. Production will be transferred to subcontractors in Italy. The closure is part of a cost cutting programme designed to bring the company back into the black in 2006. The company is working on a redundancy programme with the employees` representatives.
Eurofound (2005), Jil Sander, Offshoring/Delocalisation in Germany, factsheet number 61943, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61943.