Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
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

222 jobs
Number of planned job losses
Job loss
Announcement Date
11 February 2014
Employment effect (start)
Foreseen end date

Description

The clothing shop network Esprit is about to close 17 shops in France and to cut about 222 positions by 2014. The company will cut 65 positions at its headquarters in Paris, 115 in its shops and another 42 positions in mail and multi-brands shops. 

Esprit has already closed dozens of stores across Europe and North America in order to focus on Asia and, in particular, China.


Sources

  • 11 February 2014: Le Figaro
  • 26 February 2014: LSA

Citation

Eurofound (2014), Esprit, Internal restructuring in France, factsheet number 76606, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76606.