Thursday, April 25, 2019
Home Business Clothing: the end of a French giant

Clothing: the end of a French giant

Cutting continues at Vivarte. The French clothing group will separate from three new brands, specializing in footwear: Minelli, Cosmoparis or San Marina. 1,500 jobs and 340 stores are at stake. An announcement comes as the group has just sold several of its brands, such as Kookaï, André or Naf Naf. Vivarte had assured that it was the last sales within the group.

For the unions, the news goes bad. "It's a betrayal, the staff representatives and the employees are angry because of the lies of the company"explains Karim Cheboub, Vivarte coordinator of the CGT. The fear of employees: that future buyers decide on a social plan and destroy jobs. By selling its banners, not always profitable, Vivarte tries to get back on the water, because the group is in great difficulty for several years.

The JT

Other topics of the JT


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Must Read

Verizon Selects Phoenix for 5G Broadband Rollout

Verizon announced today that Phoenix will be among the first markets in the US to receive the company's 5G Ultra Wideband network later this...

Two decapitated seals in Finistère, a call for witnesses launched

Two decapitated seals in Finistère, a call for witnesses launched

"We made Bolsonaro a stereotype"

Brazilian Vice President Hamilton Mourao defends the record of the first months of the controversial president. ...

CEO of Danone renounces hat retirement

Emmanuel Faber renounces a sum of 1.2 million euros per year, and a total of 28 million....