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 Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.42 - Manufacture of perfumes and toilet preparations
250 - 600 jobs Number of planned job losses
Announcement Date
21 February 2006
Employment effect (start)
30 April 2006
Foreseen end date
2 October 2006
Description
Marionnaud is a Perfume Shop and Europe's largest luxury perfume and cosmetics retail chain. The distribution network of the perfumes decided to close down its 25 sites of distribution which employed 600 jobs up to now. The main reason given for the closure of the 25 stores (before October 2006) is the decision to reduce the cost of the infrastructures (sites of distribution) by limiting the establishments in the most interesting sites in France. In France, a social plan is in negotiation. Moreover, the group is developing abroad (Hong Kong).
Sources
18 April 2006: Les Echos
10 May 2006: La Tribune
Citation
Eurofound (2006), Marionnaud, Closure in France, factsheet number 63348, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63348.
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