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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.5 - Retail Sale Of Other Household Equipment In Specialised Stores
No information on job gains number available
Announcement Date
29 October 2021
Employment effect (start)
1 June 2020
Foreseen end date
29 October 2021
Description
Phybris, is a Franch spa distribution company operating since 2016. The company that initially outsourced its production to China, in June 2020 established a production line near Châlons-en-Champagne, France. To finalize the operation, the company had to invest in buildings, machinery, and training for a skilled workforce, transitioning from a sales-focused operation to a manufacturing one. The relocation aimed to capitalize on the appeal of "Made in France," leveraging environmental consciousness, distinct design, good insulation, and advanced hydraulic technologies. Contributed to the decision the rising transportation costs from China.
Eurofound (2021), Phybris, Reshoring in France, factsheet number 270, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/270.
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