ZODIO Risk Report

🛡️ Financial & Liquidity

Zodio is experiencing significant restructuring and financial changes as it transitions under new ownership. The company's distribution line is being acquired by another entity, which may impact its future liquidity and strategic direction. These acquisitions and sales indicate an ongoing effort to stabilize and potentially expand financial resources.

• Alinea plans to take over Zôdio 🗓 2023-07-03, forming a single brand.
• Adeo sold Zôdio's distribution line to Alinea furniture chain 🗓 2023-07-18.
• Adeo previously announced it would close Zôdio stores in Italy 🗓 2020-09-22.

👥 Labor & Workforce

The closure of stores in Italy indicates past labor force challenges, possibly resulting in layoffs or displacement of employees. This situation might have affected staff morale and prompted workforce adjustments as part of broader business changes. It remains essential for the company to manage any workforce transition smoothly to maintain operational effectiveness.

• Adeo announced the closure of Zôdio stores in Italy 🗓 2020-09-22, implying potential layoffs.