NEW YORK — Unifi Inc. said Wednesday that it plans to lay off about 400 people in an effort to cut costs. The company started notifying some workers last week and plans to complete the cuts by Friday.
The Greensboro, N.C.-based fiber and yarn company also revealed that it has eliminated around 200 positions through attrition in various departments since the start of the year. All told, the cuts will reduce its workforce by about 15 percent, to 3,470.
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)