MILAN – Fashion Box Group SpA, the company behind the Replay, Replay & Sons and We Are Replay brands, said it is implementing “an important strategic reorganization” which will see Fashion Toys, a separate holding that produces the Replay & Sons collections, integrated into Fashion Box.
The move, which may include the closure of the Fashion Toys site in Treviso, will result in greater production and logistic efficiencies, cost containment, and a better expression of the business, Fashion Box chief executive officer Gaetano Sallorenzo stated.
The denim and sportswear group did not say how many employees would lose their jobs. Fashion Box employs more than 500 people, 420 of whom work at its main site in Asolo, near Treviso.
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)