FASHION | Diane Von Furstenberg To Pay Laid Off Employees ‘In Full’

Iconic fashion designer Diane von Furstenberg wrote on Instagram that laid-off employees of her struggling company will be paid in full including severances.

The statement was in response to a New York Times article that was written about the closing of her company’s clothing stores which laid off 60 percent of the retail staff in the United States, Britain and France, and the filing of Chapter 11-style bankruptcy in Europe in relation to the coronavirus pandemic.

The report detailed how creditors have been complaining about unpaid bills and how some employees have not received severance.

‘In reference to the NYT article, I would like to clarify a few things and not be misunderstood. We intend to pay all employees in full, including severance. I also want to mention that we have taken no government funds throughout’, she wrote in an Instagram post on Monday, which showed a snapshot of the printed newspaper article.

The article, which was originally published online Wednesday, July 22, reported that several DVF employees had been laid off without severance pay and even cited an emotional but now-deleted Instagram comment that circulated among current and former staff about workers being furloughed without salary.

‘Some of us are struggling to pay bills, feed our families and enjoy this time of resetting you speak of’, a part of comment read – a direct quip at the 73-year-old designer’s April 13 post about the pandemic forcing the world to pause. She advised  her followers at the time ‘to take advantage of it, to eventually reset’.

In her latest post, though, von Furstenberg explained that her company had to ‘close many stores and shrink operations’ to survive.

FOX Business reached out DVF for clarification on hot the fashion house intend to pay back its laid-off employees. A response was not immediately issued upon request.

However, Von Furstenberg showed optimism in her Instagram post about the article.

‘We will continue to design and deliver the global community of Women InCharge our timeless fashion, our exclusive prints and our honest message’, she shared. ‘I want to thank my faithful consumers and partners that have supported me so long…I will not disappoint you. Owning my vulnerability these hard times and learning from it will make me and my brand stronger’.

DFV has reportedly faced financial challenges since 2015 but the company is currently restructuring.

It is likely that won Furstenberg’s 21-year-old granddaughter Talita will be a part of the brand’s revival plan, according to The New York Times. A capsule collection named ‘TVF for DVF’ was launched in 2019 as a way to introduce the young family member into the company.

The famous designer’s billionaire husband Barry Diller has also been involved in keeping DVF alive.


LIFESTYLE | Parisian Fragrance House Ex Nihilo Cuts Ribbon On Its First Saudi Boutique

Parisian fragrance maison Ex Nihlio has cut the ribbon on its first flagship in Saudi Arabia. The new perfumery is situated in Jeddah’s Nojoud Center, alongside other brands like Lacoste and Femi9. The new store evokes the brand’s French flagship with its iconic cobalt blue interior, marble floors, Art Deco geometric shapes and minimalist gold … Continue reading LIFESTYLE | Parisian Fragrance House Ex Nihilo Cuts Ribbon On Its First Saudi Boutique

THE EMPOWERMENT OF WOMEN | Saudi Arabia To Establish Future Women’s Civil Association

Saudi Arabia is to establish a Future Women’s Civil Association to help develop the work of the volunteer and nonprofit sector in the Kingdom. Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi said his decision is to set up the civil society was in line with the Vision 2030 reform plan to grow … Continue reading THE EMPOWERMENT OF WOMEN | Saudi Arabia To Establish Future Women’s Civil Association

FASHION ISSUES | Hermes Launches Its First-Ever Digital Flagship Store In Saudi Arabia

From its line of stylish hijabs to pieces that work perfectly for customers into the more modest of fashion statements, Hermes has been focusing much more on catering to the region’s contemporary woman. Now, the luxury brand is taking a key step further by launching its first flagship digital store in Saudi Arabia and United … Continue reading FASHION ISSUES | Hermes Launches Its First-Ever Digital Flagship Store In Saudi Arabia

Meghan Markle Wears Princess Diana’s Watch In New Portrait With Prince Harry

Meghan Markle and Prince Harry have appeared in a newly released portrait together. It is a black-and-white photography taken by Matt Sayles which sees the couple pose in suits, at their new home in Montecito, California. This official portrait is the Duke and Duchess’ first one since they stepped down from their duties as senior … Continue reading Meghan Markle Wears Princess Diana’s Watch In New Portrait With Prince Harry

TRAVEL ESSENTIALS | AlUla Heritage Sites Reopen To Public End Of October

The Royal Commission for AlUla (RCU) has confirmed that the UNESCO World Heritage Site, Hegra, the ancient kingdom of Dadan and the canyons of Jabal Ikmah will be the first sites to re-open to the public, having been largely closed off to visitors in the past period. The RCU announced that residents of AlUla will … Continue reading TRAVEL ESSENTIALS | AlUla Heritage Sites Reopen To Public End Of October

Loading…

Something went wrong. Please refresh the page and/or try again.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s