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 fashion brand IKKS, specializing in ready-to-wear, which has been under judicial restructuring since October, has finally found a buyer, according to the decision of the Paris Commercial Court.
However, the acquisition will lead to a reduction in staff, with approximately 500 job cuts. Out of 1,094 direct positions in France, 546 will be retained.
This restructuring will result in a major restructuring of the store network, including store closures, in the context of the growing second-hand market and the rise of fast fashion.
Restructurings have been recorded in the ERM database : IKKS 2017 - FR IKKS 2024 - FR
Eurofound (2025), IKKS, Merger/Acquisition in France, factsheet number 203852, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203852.