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.
The French fashion group Cacharel has announced to cut 100 out of 150 jobs within the next 12 months. This was announced by the company's CEO and major shareholder on 15 December 2009. Cacharel will put an end to production and focus on doing business with its licenses.
The company that has an annual turnover of €20 million expects losses of about €9 million in 2009.
Eurofound (2009), Cacharel, Internal restructuring in France, factsheet number 70217, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70217.