Facing a slumping winter sports equipment market, Rossignol, the French ski and snowboard manufacturer, has implemented a strategy to drastically reduce operating costs in an effort to reach a positive operating profit within two years.
On Friday, senior management outlined a “revival” plan, which includes a workforce reduction of 30 percent for the group worldwide, or 500 posts, including 275 jobs in France. The company employs 1,500 people.
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)