Large companies favouring employee share option schemes

Article Abstract:

Major French companies' plan to allow their domestic and international salaried employees to acquire corporate shares is discussed. Additional information on employee share schemes is also included.

France, Analysis, Business enterprises

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Gucci Group signs ESOP accord

Article Abstract:

Gucci Group S.p.A. of Italy has started the first employee share ownership plan in the Italian fashion industry. Details of the plan are discussed and reaction from trade unions highlighted.

Italy, APPAREL AND OTHER TEXTILE PRODUCTS, LEATHER AND LEATHER PRODUCTS, Leather & Products, Leather and Allied Product Manufacturing, Planning, Leather industry, Leather goods, Gucci Guccio S.p.A.

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Closure of clothing plant

Article Abstract:

Schiesser said that it would shut down its production facility in Pallas, Greece. The plant will be closed at the end of June 2003, resulting in the elimination of 512 jobs.

Facilities & equipment, Buildings and facilities, Clothing and dress, Clothing, Textile and clothing industry software, Pallas, Greece, Schiesser AG

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