100 jobs axed amid Pentland restructure

Pentland
EmploymentFashion

One hundred jobs are set to be axed at Speedo, Berghaus and Boxfresh owner Pentland Brands amid a company restructure, according to Drapers.

The restructure will see Pentland consolidate its office space, moving its sportswear brands Canterbury and Mitre’s offices into existing space with Speedo in Nottingham.

Pentland, which employs around 1700 people across its operation, is reportedly in talks with the those effected aiming to provide flexible working options or secure redundancy packages and recruitment advice.

“This reorganisation is in response to our retailer and partner need for us to simplify how we work with them,” chief executive Andy Long said.

“It will help us to build our portfolio of active and footwear brands and support the smooth integration of future acquisitions into the Pentland family.”

Alongside the restructure, which will provide customers with a single point of contact for the entire group to give “greater alignment” across its brands, Pentland is also poised to introduce a wholesale website, allowing third party retailers to stock its products directly.

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One hundred jobs are set to be axed at Speedo, Berghaus and Boxfresh owner Pentland Brands amid a company restructure, according to Drapers.

The restructure will see Pentland consolidate its office space, moving its sportswear brands Canterbury and Mitre’s offices into existing space with Speedo in Nottingham.

Pentland, which employs around 1700 people across its operation, is reportedly in talks with the those effected aiming to provide flexible working options or secure redundancy packages and recruitment advice.

“This reorganisation is in response to our retailer and partner need for us to simplify how we work with them,” chief executive Andy Long said.

“It will help us to build our portfolio of active and footwear brands and support the smooth integration of future acquisitions into the Pentland family.”

Alongside the restructure, which will provide customers with a single point of contact for the entire group to give “greater alignment” across its brands, Pentland is also poised to introduce a wholesale website, allowing third party retailers to stock its products directly.

Click here to sign up to Retail Gazette‘s free daily email newsletter

EmploymentFashion

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