Danish shoemaker Ecco is shutting down its factory operations in Portugal and Vietnam in a global restructuring initiative to cut costs that will impact 2,400 jobs.

Ecco is dissolving operations at both factories as part of a global restructuring to cut costs. A warning was already on the table last year in April when the shoemaker shut down its Slovakia facility in Martin without notice to its factory workers

  • You@feddit.org
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    6 days ago

    Seems like one part of the problem stems from keeping their Russian connections. Though groceries and regular consumer clothing aren’t included in sanctions, people still look rather unfavourably on companies who kept their stores and factories in Russia after the country invaded Ukraine.

    And if they are unlucky their Russian operations can still be seized as it has happened to other companies…

  • Peppycito@sh.itjust.works
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    6 days ago

    They were fabulous shoes once. Then like just about every other brand they got worse and worse every pair I bought. The rubber got harder, they got less comfortable and they wore out way faster. Price never went down of course.