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.
Sara Lee Courtaulds factory, formerly known as Pretty Polly, has confirmed it is to close in Sutton in Ashfield. The 300 jobs at the plant manufacturing hosiery products will be lost with some slight hopes that some can be saved through the intervention of an independent consultant. Managers at the firm blamed cheap foreign imports from the Far East for making the factory in Nottinghamshire too expensive to run.
Eurofound (2005), Sara Lee Courtaulds, Closure in United Kingdom, factsheet number 61483, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61483.