The background is overproduction and a desire to cut costs.
Ecco has been struggling for a long time, and it made a loss of 179 million Danish kroner in the last financial year.
Ecco to close factories in Portugal and Vietnam, cutting 2,400 jobs amid cost-cutting drive
Danish shoe manufacturer Ecco is closing two factories, one in Portugal and one in Vietnam. The move means 2,400 employees will leave the company, Ecco says in a press release.
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