Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Via Stalls And Markets Or Other
47.91 - Retail sale via mail order houses or via Internet

230 - 260 jobs
Number of planned job losses
Job loss
Announcement Date
5 October 2009
Employment effect (start)
1 January 2010
Foreseen end date
31 December 2012

Description

La Redoute, subsidiary of the mail-order and online clothing retailer PPR, has announced restructuring plan involving the reduction of 230 to 260 jobs through voluntary departures. The restructuring plan aims at the elimination of jobs among employees aged 57 and over. The trade union refused to sign the plan. La Redoute had already cut 672 jobs at the end of 2008 (see related fact sheet 11786). PPR, formerly Pinault-Printemps-Redoute, is a France-based company that specializes in retail and distribution of luxury goods. The company's retail division is specialised in fashion, accessories, beauty care products, home furnishings, electronic goods and household appliances.


Sources

  • 6 October 2009: Les Echos
  • 15 October 2009: Publinet
  • 5 October 2009: Sud-Ouest
  • 9 October 2009: Le Monde
  • : (www.lavoixdunord.fr)

Citation

Eurofound (2009), La Redoute, Internal restructuring in France, factsheet number 69709, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69709.