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PPR To Reorganize La Redoute HQ, May Cut 81 Sites - News by Entrepreneurs & Co on e-Business Development in Europe
- By Didier Delmer
- Published 23/10/2008
- Economy, Markets
-
Rating:
Didier Delmer
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PARIS -(Dow Jones)- French retail-to-luxury company PPR SA's (12148.FR) French catalogue business La Redoute Tuesday revealed restructuring plans that will affect 672 jobs in France.
Citing a drop in mail-order sales, the division said it will restructure its headquarters, outsource the handling of mail orders, and is considering closing 81 sites in France over the next four years.
The measures, presented to the division's works council Tuesday, will affect 672 jobs, including 430 at the sites it may close and 151 at its headquarters.
La Redoute, a household name in France that sells everything from children's clothing to woman's fashion and home decor, is focusing development on Internet sales, which aren't growing fast enough to compensate for the decline in traditional mail-order sales, the company said.
The company is working with employee representatives to transfer and retrain employees, it said in a statement.
Citing a drop in mail-order sales, the division said it will restructure its headquarters, outsource the handling of mail orders, and is considering closing 81 sites in France over the next four years.
The measures, presented to the division's works council Tuesday, will affect 672 jobs, including 430 at the sites it may close and 151 at its headquarters.
La Redoute, a household name in France that sells everything from children's clothing to woman's fashion and home decor, is focusing development on Internet sales, which aren't growing fast enough to compensate for the decline in traditional mail-order sales, the company said.
The company is working with employee representatives to transfer and retrain employees, it said in a statement.
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