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.
Wholesale / Retail 47 - Retail trade 47.9 - Intermediation service activities for retail sale 47.91 - Intermediation service activities for non-specialised retail sale
150 jobs Number of planned job creations
Announcement Date
9 April 2018
Employment effect (start)
Foreseen end date
30 April 2019
Description
Online sportswear retailer Gymshark has opened a new headquarters in Solihull, West Midlands and has announced plans to create 150 new jobs. The retailer, which was founded in 2012, plans to open 25 international online stores by 2020. The new office space has capacity for 450 employees, though the company has said that its present plans are to create 150 jobs over the next year. The business will offer a range of benefits for the new employees including an on-site cinema, yoga studios and treatment rooms.
Sources
11 April 2018: Birmingham Post
9 April 2018: BQ Live
Citation
Eurofound (2018), Gymshark, Business expansion in United Kingdom, factsheet number 94156, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94156.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...