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 Household Equipment In Specialised Stores 47.51 - Retail sale of textiles in specialised stores
225 - 261 jobs Number of planned job losses
Announcement Date
19 September 2006
Employment effect (start)
2 October 2006
Foreseen end date
29 December 2006
Description
Omnium group announced on 19 September that Burton, the chain of stores of male and female textile clothing will cut between 225 and 261 jobs in the whole of its 137 stores in France. The job losses will take place between October and December 2006. The Omnium group announced that, like other stores of the group (Devred), Burton stores are confronted with serious financial difficulties. Burton employs 1,225 people.
Sources
20 September 2006: Les Echos
19 September 2006: Agence France Presse
20 September 2006: La Tribune
Citation
Eurofound (2006), Burton, Internal restructuring in France, factsheet number 64103, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64103.
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