The business is cutting about 80 positions in the first quarter.
It’s possible the retailer will open additional Magnolia bakeries at other locations.
Hailee Steinfeld, Shenae Grimes, Katherine Schwarzenegger and Sarah Hyland partied for Teen Vogue’s Young Hollywood issue.
Designers at the New York show brought rich, textured looks to spring/summer wardrobes.
Guests including Léa Seydoux, Victoire de Castellane, Vanessa and Victoria Traina were suitably spooked by the short film “Snowballs.”