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 47.71 - Retail sale of clothing in specialised stores
128 jobs Number of planned job losses
Announcement Date
12 June 2018
Employment effect (start)
Foreseen end date
Description
Fashion retailer Henri Lloyd has been bought out of administration, in a deal which will result in a total of 128 job losses. Aligro UK has bought five stores and some company assets. Four stores have not been part of the deal, and will close alongisde 20 House of Fraser concession stalls and the Manchester head office. The stores in Salcombe, Dartmouth, Cowes, Cheshire Oaks and Lymington will continue to trade, securing 38 jobs, and six further head office jobs will also be saved. There is no information available on when the restructure is expected to take effect.
Sources
12 June 2018: Retail Gazette
Citation
Eurofound (2018), Henri Lloyd, Internal restructuring in United Kingdom, factsheet number 94531, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94531.
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