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Layoffs Hit Karl Lagerfeld

Karl Lagerfeld is downsizing. Beth Shapiro, the director of global marketing and public relations for the designer's eponymous label, was laid off and is leaving the label this week. “The current environment has forced us to downsize,” the executive said in her farewell e-mail. Just when you thought this recession might be over ... it's not. [Fashionista]

Photo: Getty Images

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Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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