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 Via Stalls And Markets Or Other 47.91 - Retail sale via mail order houses or via Internet
150 jobs Number of planned job creations
Announcement Date
9 April 2018
Employment effect (start)
Foreseen end date
30 April 2019
Description
Online sportswear retailer Gymshark has opened a new headquarters in Solihull, West Midlands and has announced plans to create 150 new jobs. The retailer, which was founded in 2012, plans to open 25 international online stores by 2020. The new office space has capacity for 450 employees, though the company has said that its present plans are to create 150 jobs over the next year. The business will offer a range of benefits for the new employees including an on-site cinema, yoga studios and treatment rooms.
Sources
11 April 2018: Birmingham Post
9 April 2018: BQ Live
Citation
Eurofound (2018), Gymshark, Business expansion in United Kingdom, factsheet number 94156, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94156.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
