Type
Closure
Country
Spain
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of other goods, except motor vehicles and motorcycles
47.75 - Retail sale of cosmetic and toilet articles

268 jobs
Number of planned job losses
Job loss
Announcement Date
2 October 2019
Employment effect (start)
Foreseen end date

Description

Perfumery chain company Marionnaud announced its plans to close its 47 stores across the country, effectively ending all its activities in the Spanish market. The decision is expected to affect 268 employees. The company has started negotiations with the trade unions. Trade union CC.OO. recognized the challenges for the company to reserve the closure: for this reason, the union plans to focus its efforts on negotiating fair and dignified conditions for employees.


Sources

Citation

Eurofound (2019), Marionnaud, Closure in Spain, factsheet number 99135, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99135.