Gigasport

Type
Closure
Country
Czechia
Region
Česko;
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.6 - Retail sale of cultural and recreational goods
47.63 - Retail sale of sporting equipment
200 jobs
Number of planned job losses
Job loss
Announcement Date
2 March 2012
Employment effect (start)
Foreseen end date
30 June 2012

Description

Gigasport, an Austrian sport products chain, has announced the cut of 280 jobs in the Czech Republic and Slovakia. Over 200 jobs will be lost with the closure of all 11 stores in the Czech Republic by the end of June 2012. The move is blamed on shrinking sales since 2010.

The company has been operating its Czech stores since 1997.

Sources

  • 2 March 2012: MFDnes

Citation

Eurofound (2012), Gigasport, Closure in Czechia, factsheet number 73279, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73279.