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.
The French furniture brand Interior's has been forced to terminate the employment of 180 workers and shut down 30 stores nationwide, following its failure to secure a new buyer after entering bankruptcy proceedings.
Despite extensive efforts to revive the company through a comprehensive restructuring plan launched in 2022, the initiative proved unsuccessful in stabilizing the business. As a result, the company is now reluctantly compelled to proceed with these significant layoffs and store closures as part of its ongoing liquidation process.
Eurofound (2024), Interior’s, Bankruptcy in France, factsheet number 201757, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201757.