Type
Internal restructuring
Country
France
Region
île de France; Paris;
Location of affected unit(s)
Paris
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

145 jobs
Number of planned job losses
Job loss
Announcement Date
31 May 2022
Employment effect (start)
1 June 2022
Foreseen end date
31 December 2022

Description

Dutch fashion chain C&A announced the closure of two shops in Paris by the end of 2022, and145 jobs are at risk. The company has informed the trade unions representatives about the planned closures of the shops on Boulevard Haussmann and Rue de Rivoli. According to the management, 'the company has positioned itself on options for redeployment, training and mobility in the various French regions'. According to the trade union FO, the management is hiding behind financial difficulties that have been known for almost a decade, but which they thought they could circumvent with a lease negotiation technique. C&A will only have two Parisian sites left (Montparnasse and La Défense).

C&A employs 23,000 people in 18 European countries.

Two previous restructuring cases involving C&A were recorded in the ERM database, with 216 job cuts in 2020 (C&A-2020-FR) and 115 job cuts in 2019 (C&A-2019-FR).


Sources

Citation

Eurofound (2022), C&A France, Internal restructuring in France, factsheet number 106968, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106968.