Type
Bankruptcy
Country
France
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.5 - Retail sale of other household equipment in specialised stores

100 - 150 jobs
Number of planned job losses
Job loss
Announcement Date
29 August 2011
Employment effect (start)
1 September 2011
Foreseen end date
30 September 2011

Description

On 29th August 2011, the Commercial court in Bayonne agreed on the liquidation of the household and furniture network Bois et Chiffons, which was placed into receivership in March 2011.

The court turned down a fifth take-over proposal of the company, which employed 150 workers in its 12 shops and headquarters in France. More than 100 employees will be dismissed and all but three of the company's sites are subject to the liquidation order as they have been already sold to independent retailers.


Sources

Citation

Eurofound (2011), Bois et Chiffons, Bankruptcy in France, factsheet number 72319, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72319.