In its second round of cuts, women’s apparel retailer Christopher & Banks Corp. said it was letting go of 24 corporate workers as part of a cost-reduction plan designed to save more than $15 million in fiscal 2010, which starts March 1.
The company expects to record a charge of about $325,000 in the fourth quarter of the current year, which ends Feb. 28. Severance and outplacement services will be awarded to the affected employees, which represent about 11 percent of corporate headquarters staff.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"