Sara Lee to Cut 6% of Jobs, Take $495 Million Charge
NEW YORK -- Sara Lee Corp. will take a $495 million after-tax restructuring charge in the fourth quarter ending July 2, mainly to cut production in its lagging U.S. and European hosiery and fleecewear businesses.
Sarah Jessica Parker and Alexander McQueen at the 2006 Met Gala. With the big day just around the corner, we're taking a look back at the most memorable designer and celebs #MetGala moments. See more on WWD.com. (📷: @jimiceleste)