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American Apparel outlines reorganisation plan

2015-10-20 13:36:00| Daily apparel & textile news and comment - from just-style.com

American Apparel has outlined a plan of reorganisation that will give it access to US$10m in cash as the US fashion retailer looks for a way to stay afloat after filing for bankruptcy earlier this month.

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Fits.me appoints Simms CEO in reorganisation

2015-10-09 11:51:00| Daily apparel & textile news and comment - from just-style.com

Virtual fit specialist Fits.me has reorganised its top management team with the appointment of a new CEO and the creation of an executive chairman role as it moves to optimise its international expansion plans.

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Trig Social Media AB (Publ.) Announces Completion of Reorganisation

2015-10-03 06:56:29| Appliances - Topix.net

Trig Social Media AB announces that it has completed the group's reorganisation. This has meant that the operation of Trig Entertainment AB in Stockholm has been discontinued.

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Telecom Italia considering wholesale reorganisation - report

2015-08-05 08:55:00| Telecompaper Headlines

(Telecompaper) Telecom Italia may carry out a reorganisation of the unit that leases its landline network to rivals to avoid antitrust damages of up to EUR 4 billion, according to unnamed sources cited by Bloomberg. The plan would involve folding the OpenAccess unit that guarantees equality of access to rival operators, into Telecom Italia's wholesale business. The measure is modelled on what the BT Group has done in the UK with its network arm Openreach, said the sources. Telecom Italia's board is set to review the plan at its 06 meeting. The move comes after Italy's Council of State upheld a EUR 104 million antitrust fine against Telecom Italia in May, a ruling that paves the way for a new round of antitrust and civil litigation on the grounds that the former incumbent is continuing to abuse its dominant position in fixed-line network infrastructure. Vodafone and Fastweb are seeking EUR 1 billion and EUR 1.7 billion in damages respectively, with the total figure amounting to over EUR 4 billion, according to Italy's competition authority AGCM.

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Siemens to cut over 7,000 jobs in reorganisation: source

2015-02-05 13:15:16| Industrial Machines - Topix.net

German industrial group Siemens plans to cut over 7,000 jobs worldwide as part of a reorganisation under Chief Executive Joe Kaeser, a source familiar with the situation said.

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