Most Recent Articles In Fashion Scoops
Latest Fashion Scoops Articles
- Osman Designs Range for Amazon
- Sears Obtains $400M Loan From Edward Lampert
- Kering Talks Series to Debut With Sen. Kirsten Gillibrand
More Articles By
LAYOFFS AT UNGARO: French fashion brand Emanuel Ungaro has remained tight-lipped about its ongoing reorganization, but WWD has learned that at least 22 people will be laid off under the plan, which could also involve the sale of Ungaro’s flagship store on Avenue Montaigne. Members of the Chambre Syndicale, French fashion’s governing body, were informed by letter that 22 staff members, ranging from seamstresses to accountants, were looking for new positions. Ungaro is said to be considering offers for the flagship, although no final decision has been made.
Retailers were informed in January that the brand would not be able to deliver its spring collection and would not present a collection for fall, prompting speculation that it might be reduced to a licensing operation. Entrepreneur Asim Abdullah, who acquired the brand from Salvatore Ferragamo in 2005, confirmed the reorganization but declined to comment on specific measures. Officials at Ungaro have yet to comment on the reported departure of chief executive officer Jeffry Aronsson in December.