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 47.72 - Retail sale of footwear and leather goods in specialised stores
200 jobs Number of planned job creations
Announcement Date
10 May 2012
Employment effect (start)
Foreseen end date
31 December 2012
Description
Shoe firm Hotter has announced plans to create 200 new jobs across the UK in 2012. The company plans to open 20 new stores in cities such as London, Manchester, Edinburgh and Winchester as part of its growth agenda. The investments in the new stores will result in the increase in the total Hotter labour force; the firm also plans to increase its online sales and expand the business. New investments are planned in the United States.
Hotter produces shoes for people over 50; most of its customers are women (90%).
Sources
10 May 2012: Manchester Evening News
Citation
Eurofound (2012), Hotter, Business expansion in United Kingdom, factsheet number 73719, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73719.
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