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Versace Cuts a Fourth of Its Work Force external link

Rate   NYT > Miuccia Prada | by By DAVID JOLLY | Wed, Oct 28

Wed, Oct 28 The Milan-based fashion house said it would cut 26 percent of its worldwide work force and consolidate its operations as it targeted a return to profitability in 2011.

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source: NYT > Miuccia Prada

Among the new bags in Milan were the flat, unembellished ones at Marni and Jil Sander, which also showed lace-cut leather. Versace had woven leather bucket bags mixed with baroque prints.

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Source:  NYT > Miuccia Prada
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