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 budget clothing chain Peacock said it aimed to open 80 stores under its three brands in 2005, creating about 800 new jobs. The company, which also owns the Bonmarché and Fragrance Shop brands, said that it had managed to increase its profit for the year to the end of March in spite of tough trading conditions on the high street. Richard Bryant the Finance Director said the group was well-placed to benefit from the economic slowdown as shoppers tended to seek out bargains during a downturn.
Eurofound (2005), Peacocks, Business expansion in United Kingdom, factsheet number 61666, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61666.