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.
Omnium group announced on 19 September that Devred, its stores of male clothing, will cut between 80 and 100 jobs in all its 132 stores in France. The job cuts will take place between October and December 2006. The Omnium group announced that, like other stores of the group (Burton), Devred is confronted with serious financial difficulties. Devred employs 772 people.
Eurofound (2006), Devred, Internal restructuring in France, factsheet number 64106, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64106.