EMCC European Monitoring Centre on Change

Sports Sock Company

Company/Organisation:
Sports Sock Company

Geographic Location

Country: Ireland
Region: South-West (IRL); Southern and Eastern

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
13 - Manufacture of textiles
Number Employed: 300
Group: Kellwood

Employment Effects

Announcement Date: 25-08-2003
Planned Job Reductions min: 147
Planned Job Reductions max: 147
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-09-2003
Direct Dismissals: 147

Additional Information

Sports Sock was taken over by US multinational Kellwood last year. The company said ongoing unsustainable businesses losses due to reduced customer demand and increased costs, were to blame for the decision (147 job reductions).