EMCC European Monitoring Centre on Change

Fila Sport

Company/Organisation:
Fila Sport

Geographic Location

Country: World
Location of affected unit(s): United States (Peabody), Italy (Biella, Milano, Montebelluna)

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
14 - Manufacture of wearing apparel
Number Employed: 1900
Group: Sports Brands International (SBI)

Employment Effects

Announcement Date: 19-09-2003
Planned Job Reductions min: 550
Planned Job Reductions max: 550
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2003
Foreseen End Date: 01-12-2003
Direct Dismissals: 550

Additional Information

SBI, a US-based multinational company owned by an investment fund, announced a world-wide restructuring plan for Fila. The restructuring process will involve 550 redundancies. Employment reduction will affect 350 employees in Europe, of which 250 will be in Italy. The main company locations will be Sparks (US, Maryland), Milano (Italy, Treviso) and Seoul (South Korea). The R&D unit for shoes, now at Peabody (US), will be closed down and relocated to Montebelluna (Italy) by 30 September 2003. The US retail company will be closed and the buying centre for shoes will be moved from Taiwan to China.