IDKids streamlines the store network and will be laying off 14% of staff

An article by Sophie Baqué and Morgane Monteiro

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Publication

18 March 2024 à 00h47

Updated on 18 December 2024 à 18h10

Reading time

2 minutes

Publication: 18 March 2024 à 00h47, Updated on 18 December 2024 à 18h10

Reading time: 2 minutes

After closing 44 Catimini stores in 2023, the IDKids group is to cut two banners and lay off 14% of its workforce. According to our sources, one Board member already left the company.

An article by Sophie Baqué and Morgane Monteiro

Add mind Retail to your sources

Publication

18 March 2024 à 00h47

Updated on 18 December 2024 à 18h10

Reading time

2 minutes

Publication: 18 March 2024 à 00h47, Updated on 18 December 2024 à 18h10

Reading time: 2 minutes

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The IDKids Group (€924 million turnover in the financial year to the end of June 2023 via 1,500 stores) announced a restructuring plan on March 12, 2024. It will close two banners.

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Article authors

Featured image of the article Sophie Baqué

Sophie Baqué Chief Editor of mind Retail

Featured image of the article Morgane Monteiro

Morgane Monteiro Journalist

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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