An informed source said the layoffs decreased by 3% of the wage http://www.cheappromdresses2016.us.com bill, most of the work in the Flatiron area employees are working from home. The company also added that the savings will be invested in the development of science and technology, sports apparel, and the recruitment of senior management personnel source said: "Tory Burch had to reposition itself, to continue into the high-growth track." the company confirmed the rumors of layoffs, but declined to comment further on the matter, founder and CEO Tory Burch created since 2004. namesake company, with shares of 28% of the part of the company not being spared employees are not satisfied with this change and December 8, one commentator wrote on the job site:. "today, we see a lot of talented people lose their jobs. a year ago, I would really like the culture and people and I work with the company. Today, those who have gone more than Cheap Prom Dresses half. "another commentator on Glassdoor on November 27 wrote said:. "the situation is not good is approaching large wave of layoffs," it was suggested that managers "tell your people what happens do not let people guess the morale is very low now it's too frustrating...." industry experts said, Tory Craig Johnson, president of .Customer Growth Partners Burch store turnover and flow of people continued to slump in the past few months, said: "we're starting to see some weakness in sales momentum, we believe that Tory Burch has been less robust than in the past, at least one down . times "Craig Johnson will Tory Burch recent weakness in part of the reason attributed to the performance of the watch, in fact, the industry has been going on for several years in the doldrums .Craig Johnson noted that enhance the performance of Kate Spade, added:" when Tory Burch increase watch when efforts to develop products that have reached the peak period. in addition, at least in terms of handbags, Kate Spade slightly better than the Tory Burch. "with the trend of wave movement intensified, Tory Burch has recently launched into the sport movement to seek new clothing line growth point, Tory Burch, said: "It should be emphasized that we are not blind pursuit of growth to expansion, we are pursuing a long-term, healthy growth, we strive to be able to grow at a business in the right direction." in February US media reported month valuation Tory Burch is rising. let this private equity swap fashion some early investors very attractive returns cash, the company was valued at approximately $ 3.5 billion, according to sources, two years multi-company valuation period Prom Dresses increased by about $ 1.25 billion, when at the same time Michael Kors market capitalization of $ 14.6 billion, Coach is $ 10.3 billion, Kate Spade is $ 3.9 billion, if successful listing, Tory Burch will be very close to become the fourth Kate Spade Great American light luxury brand companies. but the industry analysis, due to the fashion retail environment is now at a low ebb, the way Tory Burch has become slim listed in October WWD CEO Summit of the interview, the former chairman and CEO Roger Farah, founder and designer Tory Burch said they will focus on the further development of the Tory Sport, fall sports brand will be officially listed, in addition to perfumes and watches business and strengthen the company's Asian operations and business electricity supplier.
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