Deichmann

Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.72 - Retail sale of footwear and leather goods
380 jobs
Number of planned job creations
Job creation
Announcement Date
17 February 2015
Employment effect (start)
15 March 2015
Foreseen end date
31 December 2015

Description

German shoe retail chain Deichmann is to create 380 jobs in 2015 by opening 66 new branches in Germany, starting with one in Neu-Ulm in the middle of March.

The company has already expanded in the past year and increased turnover by 300 million Euros to 4,9 billion Euros. Worldwide, Deichmann plans to open 150 new branches by the end of the year.

Deichmann is the biggest shoe retailer in Europe and employs 36,150 people, around 15,200 of them in Germany.  

Sources

  • 17 February 2015: Handelsblatt online

Citation

Eurofound (2015), Deichmann, Business expansion in Germany, factsheet number 78465, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78465.