Type
Closure
Country
Czechia
Region
Location of affected unit(s)
NA
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Cultural And Recreation Goods In Specialised Stores
47.64 - Retail sale of sporting equipment in specialised stores

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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73279.