INSIGHT: Versace cuts jobs as luxury downturn bites

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Summary: Italian fashion house Versace Group today (29 October) confirmed to just-style that it is cutting 350 jobs - around a quarter of its worldwide workforce - as it struggles to cope with the slowdown in spending on luxury items. Read the complete article…

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Word count: 505

Date: 29 October 2009

Source: Leonie Barrie

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