M&S job cuts, Disastrous holiday sales, NY confirms designers, Iconix to Latin America

Marks & Spencer to Cut 1,230 Jobs (WWD) Marks & Spencer’s chairman expects its “gross profit margin to be 1.75 percentage points lower than the previous year,” and plans to cut 1,230 jobs. New Year, bad news (Just Style) The “disastrous holiday sales will spark a domino effect of store closures and bankruptcy filings over the next couple of months.” Calvin Klein, Michael Kors Confirmed For New

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