restructure news and archive

Dow to close three upstream European assests

Dow, a leading material science company, is set to close three upstream assets in Europe in response to structural challenges it is currently facing in the region. The decision is a follow-up to the European asset actions first published in April 2025 and has been approved by the Board of Directors. The three assets that will shut down include...

People

House of Fraser announces internal promotions within Customer Team

British department store group, House of Fraser, has announced a series of promotions within its Customer Team today, effective from March 1, 2016. First up for promotion is Sarah Baillie, who has been promoted from her role as Head of Digital Product Management, a position she held for 8 months, to Director of Digital Product. In her new role,...

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Business

Clarks said to have downsized head office positions

London - British footwear retailer Clarks is said to have slashed a number of positions at its UK head office on Tuesday as part of the company’s global restructuring strategy. The redundancies, which are believed to have affected a total of 50 positions, are said to have taken place last week, with an additional 200 roles at both the head...