Home / Knowledge / News / Apparel/Garments / Designer Brands reducing, reassigning portion of workforce

Designer Brands reducing, reassigning portion of workforce

05
Aug '20
Pic: Designer Brands
Pic: Designer Brands
US company Designer Brands, which sells designer and name brand shoes and fashion accessories, recently announced it is reducing and reassigning a portion of its workforce because of the impact of the COVID-19 pandemic. It will eliminate over 1,000 positions—approximately 380 corporate office and 700 store positions, the company said in a statement.

The decision was partly a result of months-long closure of much of the retail sector’s physical stores, impacting its North American stores. While online orders were strong during the closures, e-commerce/digital sales cannot make up for in-store sales, chief executive officer Roger Rawlins said in the statement.

More than 550 store associates will be given the opportunity to remain with the company in a different role within the new organisational structure or they may choose to leave.

And while most stores have reopened, consumers’ in-store shopping habits haven’t returned to the prior normal, he said.

The company has deferred new store openings and is working to streamline its footprint to reduce occupancy expenses. The company is also making some structural changes to its business.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Sep 2020

Uncertainty high, economic recovery strength varies: OECD

With the pandemic continuing to threaten jobs, businesses, health and ...

Pic: Shutterstock

Apparel/Garments | On 18th Sep 2020

Cambodian garment sector may be hit by CLMV exports slump

The pandemic will significantly affect the exports of Cambodia, Laos, ...

Pic: New Look

Retail | On 18th Sep 2020

New Look creditors approve company voluntary arrangement

The company voluntary arrangement proposal of New Look Retail...

Interviews View All

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Matthias Eilert,

Matthias Eilert

Germany-based Forbo Movement Systems division is a global leader in...

Devendra Gupta,

Devendra Gupta

Reforce, a start-up based in Gurgaon, aims to revolutionise the fitness...

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search