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DVF’s Reported Mass Layoffs Signal Online-Focused Future

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The coronavirus crisis has leveled retail businesses large and small. Now, it’s threatening longstanding luxury players. American women’s wear brand Diane von Furstenberg (DVF) has reportedly laid off most of its stateside staff after its U.K. arm, DVF Studio, fell into administration last month, the equivalent of bankruptcy in the U.S. The label was made…

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