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.
In March 2013, Polish clothing retailer LPP announced plans to create between 300 and 400 jobs in the new clothing chain Sinsay by the end of 2013. The first ten shops of the new brand have already been opened, and by the end of 2013 the company plans to launch 50 stores. LPP was founded in 1995 and currently owns 5 clothing brand (Reserved, Cropp, House, Mohito, Sinsay) and has almost 1,100 stores in Poland, Russia, Ukraine, Latvia, Lithuania, Estonia, Chech Republic, Slovakia, Bulgaria, Hungary, Romania.
Eurofound (2013), LPP, Business expansion in Poland, factsheet number 75151, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75151.