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.
Pimkie, a French retailer of women clothing, is to cut 190 out of 2,088 jobs. 138 jobs are to be cut in Pimkie outlets and 52 at its headquarters in northern France. The decision is aimed to prevent a further decline in profits and strengthen the competitive position of the company.
Pimkie was established in 1974 and is specialised in the distribution of clothing for 15-24 old women. Pimkie International employs 6.008 workers worldwide and opaerates 760 outlets, mainly in Europe.
Eurofound (2009), Pimkie, Internal restructuring in France, factsheet number 68935, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68935.