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Burberry Plans to Cut 1,700 Jobs Amid £66m Loss

Burberry Plans to Cut 1,700 Jobs Amid £66m Loss

BUSINESS - 5/14/2025

Burberry has announced plans to cut 1,700 jobs as part of a cost-saving initiative following a £66m loss. The cuts, primarily affecting the UK, aim to streamline operations and ensure the brand's future in luxury fashion.

Luxury Fashion Takes a Prehistoric Turn with T. Rex 'Leather'—But Is It Real?

Luxury Fashion Takes a Prehistoric Turn with T. Rex 'Leather'—But Is It Real?

ENTERTAINMENT - 5/1/2025

A new partnership claims to create luxury accessories from T. rex 'leather' made in a lab, but experts warn it’s a misleading fantasy. Discover the truth behind this eco-friendly fashion claim!

Prada's Billion-Dollar Deal: The Fashion World Shakes as Versace Joins the Family

Prada's Billion-Dollar Deal: The Fashion World Shakes as Versace Joins the Family

ENTERTAINMENT - 4/10/2025

In a landmark deal, Prada has acquired Versace for $1.36 billion, aiming to unite two iconic fashion brands. With this acquisition, Prada positions itself to compete more fiercely with luxury giants like LVMH.

Donatella Versace Steps Down Amid Turmoil: The End of an Era?

Donatella Versace Steps Down Amid Turmoil: The End of an Era?

ENTERTAINMENT - 3/16/2025

In a stunning turn of events, Donatella Versace has stepped down as chief creative officer of the iconic brand her brother founded. Amidst internal conflicts and declining sales, find out what this means for the future of Versace.

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