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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
120 jobs Number of planned job creations
Announcement Date
6 May 2011
Employment effect (start)
6 May 2011
Foreseen end date
31 December 2013
Description
Veritas, a Belgium-based clothing and accessories retail chain, is to create 120 new jobs with the opening of 20 shops in Belgium and Luxembourg between 2011 and 2013. This comes on top of the previously announced expansion of its retail network (11 new shops in addition to the exisiting 100 shops). This business expansion is the result of an increase of its growth rate.
Sources
6 May 2011: Financiële Economische Tijd
Citation
Eurofound (2011), Veritas, Business expansion in European Union, factsheet number 71928, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71928.
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