EMCC European Monitoring Centre on Change

Celio

Company/Organisation:
Celio

Geographic Location

Country: France

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.71 - Retail sale of clothing in specialised stores
Number Employed: 2416

Employment Effects

Announcement Date: 28-10-2020
Planned Job Reductions min: 383
Planned Job Reductions max: 383
Type of Restructuring: Internal restructuring
Employment Effect Start: 31-03-2021

Additional Information

Celio, the men's ready-to-wear brand has announced a reorganisation that consists of the closure of 102 shops in France, out of 478, due to the COVID-19 crisis. According to the management, 383 jobs will be cut: 344 in-store jobs and 39 in support functions. 

The employment safeguard plan (PSE) has been presented to employee representatives. The consultation will last until the first quarter of 2021 and the shops will remain open for the Christmas period, except for a few whose leases are coming to an end. The management undertakes to do its utmost to propose solutions that favour the repositioning of the employees concerned, through internal redeployment measures and personalised support for the construction of external professional projects.

The brand, founded in 1978, has 1,500 shops in 46 countries and 4,200 employees worldwide, including 2,416 in France on 1 October 2020. A previous reorganisation was recorded in 2015, with 45 job cuts.

 

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