MILAN – Italy’s La Perla Group is to shed 365 jobs at its headquarters in Bologna, confirming a report in WWD.
La Perla said its management has met with trade unions to discuss the cuts, which are part of a “reorganization and re-launch plan” to help the company compete successfully in the market. No other cuts are expected.
San Francisco-based private equity fund JH Partners acquired full control of La Perla earlier this month, purchase of the remaining 30 percent stake in the business from founding family member and company chairman Alberto Masotti, who subsequently retired.
On Tuesday, La Perla managing director and JH Partners partner Jeff Hansen said the fund’s aim was “to achieve growth and profitability,” and that it had already “made great strides to turn [La Perla] around” since acquiring 70 percent of the $270 million label in 2007.
La Perla operates 78 boutiques worldwide and is available at about 3,000 multi-brand stores.
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
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"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
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