Danish Shoemaker Ecco Cuts 80 Jobs in Denmark and Closes Overseas Plants
Ecco is closing factories in Portugal and Vietnam while cutting 80 positions in Denmark to reduce production capacity and costs.
2026年11月2日
/ DANGDI / DANGDI / DANGDI /Danish shoemaker Ecco will cut 80 jobs in Denmark as part of global cost reductions.
The company is closing its manufacturing plants in Portugal and Vietnam.
The factory in Portugal employs 650 people.
The Vietnamese plant has 1,400 employees.
Ecco will also eliminate 400 global and regional positions before the end of the year.
The company stated the closures respond to excess production capacity.
Manufacturing will continue at factories in Indonesia, Thailand, and China.
Production at those sites will adjust to match market demand.
Ecco will receive a 50 million euro cash injection to strengthen its finances.
The company's latest accounts showed a loss of 179 million Danish kroner.
That compares with a loss of 280 million Danish kroner in the previous year.
Annual revenue fell to 10.5 billion Danish kroner from 11 billion Danish kroner.
The cuts come as Ecco searches for a new chief executive.
Former chief executive Thomas Gøgsig stepped down in late October with immediate effect.
Ecco is owned by the Toosbuy family.
Founder Karl Toosbuy passed the business to his daughter Hanni Toosbuy Kasprzak.
She now chairs the board alongside her children André and Anna.
This report was originally published by CPH Post.
Source: The Copenhagen Post
