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.
Parent company of fashion retailer Jacques Vert has been sold to Calvetron Style Holdings, a company backed by three entrepreneurs. The sale of the business has secured the future of 1,272 jobs in the UK and 1,719 jobs worldwide. However, there will be 272 job losses, with the majority of these based in the UK. There will be 98 job losses from the head office in Shoreditch, London, as well as losses from the warehouses in County Durham. In addition there are 17 standalone UK based stores which have not been included in the sale of the business and jobs will be lost from these sites which will close immediately.
Eurofound (2017), Jacques Vert, Merger/Acquisition in United Kingdom, factsheet number 91325, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91325.
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...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
