Wednesday, November 9, 2011

Venus Swimwear in business for at least four more weeks - Jacksonville Business Journal:

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If the swimwear manufacturer cannot securenew financing, sell the assetss or resolve its financial issues in another manner, it could be forced to close completely, resultingt in one of the largest layoffs from a singl e organization in Jacksonville since the recession Venus filed notices May 14 in Florida and New York that all 289 employeew at Venus Swimwear and could be laid off. “It would be sad for our communit to losea well-known company and a corporate headquarters,” said Jerry Mallot, executivew director of the . “Let’ss hope it doesn’t I’m keeping my fingers crossed.
” But even if the companuy does close, it won’t be for severall more weeks because the latest catalog was sent outMay 22, accordinhg to an internal memo that company executives sent to employeez the same day.

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