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J Brand to shift towards direct distribution model, jobs to be cut

The Fast Retailing Group has announced a shakeup of the business model of its premium denim brand J Brand which will result in an undisclosed number of job cuts. To be more precise, the company said it will launch a “strategic plan to rearticulate the business model” of the brand “and shift direction toward direct distribution”. That means that...

Nov 13, 2020