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
80 - 100 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 Devred, its stores of male clothing, will cut between 80 and 100 jobs in all its 132 stores in France. The job cuts will take place between October and December 2006. The Omnium group announced that, like other stores of the group (Burton), Devred is confronted with serious financial difficulties. Devred employs 772 people.
Sources
20 September 2006: Les Echos
19 September 2006: Agence France Presse
20 September 2006: La Tribune
Citation
Eurofound (2006), Devred, Internal restructuring in France, factsheet number 64106, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64106.
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