Actress Uma Thurman arrives wearing a Versace gown at the Academy ...
Reuters
Wed Oct 28, 9:43 AM ET
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Actress Uma Thurman arrives wearing a Versace gown at the Academy Awards in Hollywood in this March 5, 2006 file photo. Italian fashion house Versace is cutting about a quarter of its global workforce and expects to post a loss this year as it takes a hit from slumping demand for luxury goods and designer items in the financial crisis. The celebrity-favourite fashion brand, whose gowns are worn by Hollywood actresses such as Angelina Jolie, is taking measures aimed at returning the group to profitability in 2011, it said in an emailed statement on October 28, 2009.

REUTERS/Mario Anzuoni/files (UNITED STATES ENTERTAINMENT BUSINESS FASHION)

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