LONDON — Fortnum & Mason, the 302-year-old specialty store famous for its luscious picnic hampers and luxury food offering, plans to lay off up to 10 percent of its workforce in a bid to slash costs.
The store said Tuesday it would shortly begin a consultation process with staff. A spokeswoman declined, however, to confirm a report in London's Evening Standard newspaper that up to 55 jobs would be cut. The statement said that "front line operational staff" in retail and hospitality would be largely unaffected.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)