EMCC European Monitoring Centre on Change

Escada

Company/Organisation:
Escada

Geographic Location

Country: Germany

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
14 - Manufacture of wearing apparel
Group: Escada

Employment Effects

Announcement Date: 26-09-2003
Planned Job Reductions min: 300
Planned Job Reductions max: 300
Type of Restructuring: Internal restructuring

Additional Information

Escada intends to reduce its costs by EUR 60 million world-wide implementing a restructuring programme. On the 850 jobs affected world-wide, 300 are dismissed in Germany.