'I want to scream a lot' — How designer Rebecca Minkoff is pivoting her business and trying to stay positive

That's led to cuts: Thirty-six percent have reduced their own pay and 8% have cut their employees' pay, the

found. Of those surveyed, 13% have furloughed some or all of their employees and 11% have laid off some or all of their employees.For Minkoff, surviving means changing the way she does business. Now, with 25 remaining employees, she's focusing solely on being a direct-to-consumer company. "We've changed everything about what we do, whether it's the marketing, where we're advertising, how we're talking, who we're talking to, to really make sure that we stay alive after this," she said."I asked my consumer at the beginning of this, what did she want from me?" she said.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: Moderna, Delta, Bank of America, Best Buy, Disney & moreModerna shares spike on 'positive data' from its coronavirus vaccine trial. Netflix shares slip as investors rotate out of 'stay-at-home' stocks. Of course, the vaccine won’t be available before years but who cares. AMAZING 6 Weeks Weightless and Fitness Coaching and Online Support in UK But today you only pay £99!! Jonny Heywood FB : FB Page: FB Group: Facebook Live Class:
Source: CNBC - 🏆 12. / 72 Read more »