EMCC European Monitoring Centre on Change

Camaieu

Company/Organisation:
Camaieu

Geographic Location

Country: Italy

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.71 - Retail sale of clothing in specialised stores
Number Employed: 139

Employment Effects

Announcement Date: 30-12-2020
Planned Job Reductions min: 139
Type of Restructuring: Bankruptcy
Direct Dismissals: 139

Additional Information

The French fashion retailer Camaieu dismissed its remaining 139 employees employed in the company's 44 Italian stores. 

The brand stopped operating its shops already in July 2020, due to the impact of the COVID-19, and later declared bankruptcy at the Court of Milan.

The decision was undersigned by an agreement with the trade unions, so that the ban against dismissals could be overcome. Since they were not receiving their wages, workers were in fact asking for their dismissal in order to be able to accede to the unemployment benefit Naspi.

Sources: