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 Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
300 jobs Number of planned job creations
Announcement Date
21 March 2013
Employment effect (start)
Foreseen end date
31 December 2013
Description
In March 2013, Polish clothing retailer LPP announced plans to create between 300 and 400 jobs in the new clothing chain Sinsay by the end of 2013. The first ten shops of the new brand have already been opened, and by the end of 2013 the company plans to launch 50 stores. LPP was founded in 1995 and currently owns 5 clothing brand (Reserved, Cropp, House, Mohito, Sinsay) and has almost 1,100 stores in Poland, Russia, Ukraine, Latvia, Lithuania, Estonia, Chech Republic, Slovakia, Bulgaria, Hungary, Romania.
Sources
21 March 2013: http://wyborcza.biz/
Citation
Eurofound (2013), LPP, Business expansion in Poland, factsheet number 75151, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75151.
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