Restructuring events
European Restructuring Monitor (ERM)
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.
In January 2024, cosmetic store chain Parfumdreams/Akzente announced the closure of its logistic centres in Pfedelbach and Öhringen. 191 logistics employees will therefore lose their jobs until the end of September 2024.
The company announced that this internal restructuring plan results out of the logistic centres being too small to handle the rising volume of online sales. Online orders are now handled by the bigger centre in Hamm (North Rhine-Westphalia).
In 2018, the perfume store chain Parfumdreams/Akzente became a subsidiary of cosmetic retail chain Douglas.
Eurofound (2024), Parfumdreams/Akzente, Closure in Germany, factsheet number 200807, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200807.