2009 May 4
Classy Condé!Portfolio has shuttered, but its former staffers have a few reasons to smile. The Daily has learned that laid-off employees of the Condé Nast title benefitted from the company's compliance with the WARN Act, as they were given sixty days paid "notice" as well as severance payments proportional to each individual's tenure with the company. Unused vacation days were also compensated. These terms applied only to full-time staffers, as contract employees were compensated according to terms dictated in their original contracts. Although rumors continue to swirl about the next title in S.I. Newhouse's stable to go the way of Men's Vogue, Domino and now Portfolio, staffers at 4 Times Square are reassured about one thing--at least the layoffs are flush.
Luxury's heavy hitters, revealed! Today, WPP and Millward Brown released this year's BrandZ Top 100 List, naming the most valuable brands worldwide. Who topped the list for luxury ...
Robert Vignola is out and John Van Glahn is in as president of Calvin Klein Collection. The top tier shift comes three months after parent company PVH Corp. completed its $2.9 billion...
Get in the know on the underpinnings front, with chicly saucy new lingerie brand NOE Undergarments. Designed by twin sisters Bonnie Rae Boyes and Shelah Jean Adubo, the collection ...