LVMH-Backed Luxury Watch Site Hodinkee Cuts a Fifth of Jobs
09/05/2023 14:46
Hodinkee, an online watch retailer and news site backed by Bernard Arnault’s LVMH Luxury Ventures, is cutting almost 20% of its staff as prices for pre-owned timepieces slump.
Hodinkee, an online watch retailer and news site backed by Bernard Arnault’s LVMH Luxury Ventures, is cutting almost 20% of its staff as prices for pre-owned timepieces slump.
The company has eliminated about two dozen positions, according to people familiar with the matter.