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 Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
380 jobs Number of planned job losses
Announcement Date
1 November 2005
Employment effect (start)
Foreseen end date
1 March 2006
Description
New Look the women's fashion retailer is to make 380 workers redundant in Dorset. 280 jobs will go while another 100 workers at the Weymouth company will be staying on until the New Year. Although the town's distribution centre is to close, more than 400 staff will remain at the company's head office. Less than 70 workers decided to take up the offer of relocation packages to move to the company's new distribution centre in Newcastle-under-Lyme.
Sources
1 November 2005: BBC News
Citation
Eurofound (2005), New Look, Closure in United Kingdom, factsheet number 62480, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62480.
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