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.
Perfumery chain company Marionnaud announced its plans to close its 47 stores across the country, effectively ending all its activities in the Spanish market. The decision is expected to affect 268 employees. The company has started negotiations with the trade unions. Trade union CC.OO. recognized the challenges for the company to reserve the closure: for this reason, the union plans to focus its efforts on negotiating fair and dignified conditions for employees.
Eurofound (2019), Marionnaud, Closure in Spain, factsheet number 99135, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99135.