MILAN — Crystal giant Swarovski is to make yet another round of cuts at its production facility in Wattens, Austria, in response to worsening market conditions.
A Swarovski spokeswoman confirmed Wednesday that 600 more jobs were to go at the site this year, reducing the headcount to around 5,000. She added the family-owned company was mulling a further 500 layoffs there next year, although the precise number was still to be decided.
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)