EMCC European Monitoring Centre on Change

Orsay

Company/Organisation:
Orsay

Geographic Location

Country: Poland

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
46.42 - Wholesale of clothing and footwear
Number Employed: 400
Group: Ordipol

Employment Effects

Announcement Date: 08-05-2022
Planned Job Reductions min: 400
Planned Job Reductions max: 400
Type of Restructuring: Closure
Employment Effect Start: 01-06-2022
Direct Dismissals: 400

Additional Information

Orsay GmbH, German clothes retail brand, closes its stores. Beginning from July 2022, the company is going to permanently withdraw from the Polish market. In effect, all of 130 stores will be closed and approximately 400 employees dismissed. As company claims, the workers already received information on upcoming termination of all employment contracts. The process takes place due to insolvency of Ordipol group, the Polish Orsay stores' owner. 

This closure ends the 25 years period of Orsay's presence in the Polish market. The first store was opened in Polish town Czeladź in 1997. Recently, mainly due to the impact of COVID-19 pandemic, the company struggled to maintain retail on satysfying level. As a result of such problems, the leaders of the company decided to close 30 stores in Poland already in 2021.

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