The Swedish H&M group is restructuring its logistics network in southern Europe and therefore announces the closure of the distribution center in Ghlin. With this restructuring, 440 jobs will be lost in the Belgian logistics hub.
The Swedish fashion giant is struggling with overcapacity due to the changing retail environment. The company therefore wants to drastically reduce operating costs. All activities will be relocated next summer to existing centers located in Torrejón, Spain, and Casalpusterlengo, Italy. Internal analyzes have shown that this is enough to deliver all orders.
The legally required information and consultation phase now begins for the employees in Ghlin. Although H&M has announced that it will examine alternative scenarios for the works council, the course towards a centralized sales model has already been set. The move highlights the fashion giant’s need to remain competitive in a demanding market.
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