French cosmetics firm Yves Rocher plans to shut all of its outlets in Germany, Austria and Switzerland.
The firm confirmed the choice to dpa on Thursday, including that areas will probably be progressively closed over the approaching months.
“With its current business model, Yves Rocher is no longer able to operate sustainably and successfully,” the corporate’s Stuttgart-based German subsidiary mentioned.
About 350 staff will probably be affected by the transfer, in accordance with the corporate. Yves Rocher is taken into account a pioneer within the discipline of pure cosmetics.
A spokeswoman for Yves Rocher didn’t say what number of areas the corporate presently has within the three majority German-speaking international locations. Previous experiences had positioned the variety of outlets at 140.
Source: www.anews.com.tr