EMCC European Monitoring Centre on Change

Adolfo Dominguez

Company/Organisation:
Adolfo Dominguez

Geographic Location

Country: Spain

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.71 - Retail sale of clothing in specialised stores
Number Employed: 1000

Employment Effects

Announcement Date: 25-03-2021
Planned Job Reductions min: 300
Type of Restructuring: Internal restructuring
Direct Dismissals: 300

Additional Information

Adolfo Domínguez, the Spanish fashion designer and retailer company, has announced a collective dismissal plan. This adjustment will affect 300 employees (30% of its workforce in Spain) at headquarters and in the commercial network.

The management explains that the company has had losses since 2011, a situation exacerbated by the COVID-19 crisis, determining €8.3 million euros of losses in the financial year 2019-2020. Thus, this measure is part of a transformation plan to adapt the company to the digital context of the sector – for example, with the acceleration of the e-commerce.

The company has 348 branches in 18 countries. The current restructuring plan comes after the collective lay-off of 56 employees in 2018.

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