EMCC European Monitoring Centre on Change

Didi

Company/Organisation:
Didi

Geographic Location

Country: Netherlands

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.71 - Retail sale of clothing in specialised stores
Number Employed: 500

Employment Effects

Announcement Date: 10-02-2020
Planned Job Reductions min: 500
Type of Restructuring: Bankruptcy

Additional Information

Women’s clothing store Didi will close all its stores next week, leading to the dismissal of 500 employees. Didi was declared bankrupt earlier at the beginning of the year but secured a six weeks period to look for a potential buyer to ensure the stores could remain open. The quality of the bids, however, was disappointing and lead to the decision to close all the stores. Didi has 81 stores throughout the Netherlands.

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