Children Worldwide Fashion (CWF), which makes luxury children's apparel under license for a number of leading brands, is to axe 149 jobs out of total workforce of around 400 at its HQ in Herbiers, in western France, as part of a restructuring programme.

A further 20 temporary posts are also set to be cut.

CWF, whose principal shareholder is Belgian group Artal, posted a turnover of EUR150m in 2010. It has a global workforce of 900.

Its licence portfolio includes Boss, Burberry, Chloé, DKNY, Elle, Little Marc Jacobs, Marithé+François Girbaud and Timberland.