Ready-to-wear group IKKS announced on Monday that it was considering reducing its workforce and closing stores. The Job Protection Plan (PSE) presented Monday by the brand's management could concern nearly 200 employees in France.

The plan provides for the closure of 77 stores and corners (out of 604) and could concern 202 employees in the French brand's 1,328-strong workforce. The brand is facing a "complex economic reality," according to a press release sent to AFP.