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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.5 - Manufacture Of Medical And Dental Instruments And Supplies
No information on job gains number available
Announcement Date
27 August 2017
Employment effect (start)
1 January 2017
Foreseen end date
Description
Tom Davies is a British spectacle designer who founded TD Tom Davies in 2001; the Bespoke service started in 2002, and the company shortly became one of Britain's leading Bespoke eyewear brands. Tom’s prestigious handmade eyewear products are realized with high quality materials, like natural horn, pure titanium and cotton acetate. Since the beginning, the production activity was offshored in a owned plant in China, because of the lower production costs. However, in 2017, the designer decided to relocalise the eyewear manufacturing in a new plant in Brentford (United Kingdom). Among the declared motivations, the opportunity to leverage on the "made in UK", and the reduction of the costs gap.
Eurofound (2017), Tom Davies, Reshoring in United Kingdom, factsheet number 43, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/43.
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