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Palmers-Subsidiary Lejaby Under Pressure

Published: December 22, 2011; 19:36 · (Vindobona)

A French court opened insolvency proceedings on the subsidiary of the Austrian clothing company.

Palmers-Subsidiary Lejaby Under Pressure / Picture: © Palmers

Lejaby, the French subsidiary of Palmers, has come under increasing pressure. A court in Lyon initiated insolvency proceedings on the company. The 450 employees will only be working until 20 January. According to the court, it is a “technical” measure that should ensure that the employees will receive their thirteenth month payment. The costs will not be borne by Lejaby, but by the…

This article includes a total of 188 words.

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