VP Holiday Hofstatter DVF

Diane von Fürstenberg's namesake fashion brand is facing major setbacks amid the novel coronavirus (COVID-19). The beloved New York-based label has laid off 75 percent of its 400-person staff and is set to close 18 of its 19 retail stores. Its new focus will be centered on a "digital-only, China-focused" business model, according Business of Fashion's latest report. The news comes after several rounds of restructuring within the company and years […]