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C&A Announces Major Restructuring in France with Store Closures and Job Cuts

The apparel retailer plans to close 24 stores and all 57 'corners,' potentially impacting up to 324 jobs, as part of its European strategy for long-term sustainability.

La marque annonce la fermeture de plus de 20 magasins en propre.
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Overview

  • C&A has confirmed the closure of 24 stores and all 57 'corners' in France due to structural challenges and failed partnerships with major retailers.
  • The restructuring plan could result in the loss of up to 324 jobs, with negotiations for social support measures set to begin in the coming weeks.
  • The company will also restructure its distribution center in Seine-et-Marne to align with reduced product volumes.
  • This plan is part of C&A's broader European strategy to address declining apparel markets and ensure long-term profitability.
  • C&A has faced ongoing challenges in France, with this being its eighth restructuring effort in recent years, following the loss of 800 jobs in prior plans.