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 (13 - 15) Manufacture of textiles, apparel and leather 14 - Manufacture of wearing apparel 14 - Manufacture of wearing apparel
147 jobs Number of planned job losses
Announcement Date
15 January 2003
Employment effect (start)
1 January 2003
Foreseen end date
Description
Ralph Lauren has plan a relocation in Geneva (Switzerland) of one of its french headquarter (Paris). The relocation has been motivated because of the attractive fiscal policy of Switzerland.
Neverthless, on the 147 threatened jobs (over 377 employed by Ralph Lauren in France), 89 should be relocated in the new headquarter in Geneva.
Citation
Eurofound (2003), Ralph Lauren, Relocation in France, factsheet number 58924, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58924.