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
168 jobs Number of planned job creations
Announcement Date
26 November 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019
Description
Fashion company from Osuna (Andalusia) Álvaro Moreno has announced plans to create 168 new jobs in 2019. The company expects to have a turnover of €42 million in 2019 and operate more than 40 points of sale. In 2018, the turnover amounted to €31.5 million and the company employed 332 people. As of December 2018, the firm operates 32 stores throughout Spain and since 2016 Álvaro Moreno is present in the main El Corte Inglés centres throughout Spain.
Sources
Citation
Eurofound (2018), Álvaro Moreno, Business expansion in Spain, factsheet number 96278, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96278.
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