C&A, the multinational clothing retailer, is set to close 24 out of its 100 stores in France, affecting over 300 jobs as part of a restructuring strategy aimed at enhancing competitiveness amid a declining clothing market. With plans to reduce its 1500 workforce by a fifth, the company stated these changes are crucial to secure its future in a market where it has faced persistent challenges despite earlier adjustments. The closures will also impact 57 store partnerships, marking a significant shift for the brand in France.
C&A's restructuring in France highlights the challenges of maintaining competitiveness in a deteriorating clothing market, prompting the closure of 24 stores and job cuts.
C&A's decision to close stores and reduce its workforce is a bid to secure the brand's future in a challenging French clothing market.
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