PARIS — Marks & Spencer was ordered Monday by a French civil court, La Tribunal de Grand Instance de Paris, to suspend closing its 18 stores in France until employees “have been informed and consulted in the appropriate and legal manner.”
In a statement, M&S said the decision will not prevent the company from implementing its plans once it has held talks with staff. The closures, announced last week, in continental Europe and the U.S., are part of a massive restructuring effort.
Meanwhile, Serge Weinberg, chairman of Pinault-Printemps-Redoute, the diversified French retailer, on Monday expressed interest to acquire “a certain number of Marks & Spencer stores in France and Europe.” As reported, retailer Galeries Lafayette said last week that it is eyeing several M&S locations.