French shoe retailer Bata France Distribution, a subsidiary of Canadian group Bata, has announced a three-year EUR15m (US$19.35m) restructuring programme.
 
The plan makes provision for the closure of 27 stores from 2009 and the loss of 83 jobs.

Another 27 stores are to benefit from "ultimate recovery measures", but in the event of failure a further 85 jobs could be put under threat.  

Its bid to turn round the company, whose turnover has declined by an average of 3.5% annually since 2005, also focuses on the renovation of around 40 stores with 20 new outlets to open between 2010 and 2011.

Bata France currently employs a total of 1,022 staff and operates a network of 196 stores.

By Stuart Todd.