Czech fashion brand Pietro Filipi wants to lay off all employees of its 23 stores. According to the latest financial statements in the Collection of Documents, Pietro Filipi Stores, which is in charge of operating the brand’s stores, employed 138 people at the end of 2018. At the end of 2018, another 64 people worked for the company Pietro Filipi sro, which procures clothing designs for the brand.
The E15.cz server stated on Tuesday that the C2H group, which is behind the Pietro Filipi and Kara brands, announced in December that Pietro Filipi was in danger of insolvency due to the coronavirus crisis and accumulated debts
According to Blesk, employees of Pietro Filipi stores received a letter in January the day before payment stating that they were out of work and without money. “The employment relationship with you will be terminated,” according to the daily, the company’s human resources director Jan Zipser wrote to the employees. According to his letter, the company is in a hopeless situation, which will probably end in insolvency, bankruptcy and dissolution of the company. “Pietro Filipi Stores does not have funds left in the account, so unfortunately we will not be able to pay wages for December 2020 or for the following months,” he said.
In the letter, the company threatens to employees that if they do not leave the agreement themselves, they will release them themselves at the end of March for organizational reasons, but will not pay them any money until the release. The company therefore writes to employees that they would rather terminate their employment by agreement at the end of January. “You will be entitled to severance pay. It will not be paid, but from February 1, 2021 you can apply to the employment office. There you can ask for compensation for severance pay, “the company states in the letter. According to Blesk, he adds that even if people terminate their employment themselves due to non-payment of wages, they will be entitled to compensation from the employer, which Pietro Filipi has nothing to pay.
According to ČTK, at the end of 2019, the fashion brand already had overdue liabilities to suppliers of over CZK 70 million and did not meet the conditions of banks.