Leiser

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Wholesale / Retail
46 - Wholesale trade
46.1 - Wholesale on a fee or contract basis
46.16 - Activities of agents involved in the wholesale of textiles, clothing, fur, footwear and leather goods
400 jobs
Number of planned job losses
Job loss
Announcement Date
30 May 2012
Employment effect (start)
30 May 2012
Foreseen end date

Description

As announced on 30 May 2012, German shoe retail chain Leiser will cut about 400 jobs in Germany. The company had filed for insolvency in March, due to financial problems.

The company has now announced to close a quarter of its 130 shoe outlets across Germany. Leiser employs 1,400 people in its stores across the country.

Sources

  • 29 May 2012: n-tv
  • 30 May 2012: Handelsblatt
  • 31 March 2012: Der Tagesspiegel (online)

Citation

Eurofound (2012), Leiser, Internal restructuring in Germany, factsheet number 73658, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73658.