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New York (CNNBusiness)Trendy eyewear brand Warby Parker is the latest in a string of retailers struggling to stay the course as a wobbly economy forces households to pare back and rethink their discretionary buying.

Warby Parker, which pioneered the direct-to-consumer model for stylish eyewear under $100, announced job cuts to its staff on Monday, blaming an uncertain economic environment.
The company said it eliminated 63 corporate positions. The roles represent 2% of Warby Parker's total employees and 15% of its corporate staff.
    Cofounders and co-CEOs Dave Gilboa and Neil Blumenthal said in the announcement that the cuts would not include customer-facing positions, or in its retail and lab divisions, according to an email with the announcement obtained by CNNBusiness. Warby Parker operates 169 retail stores in addition to its DTC business.
      Gilboa and Blumenthal blamed their decision on the economic downturn.Read MoreWalmart is laying off corporate employees"As we have discussed over the past few weeks, the global economy continues to face significant volatility and uncertainty. This is impacting consumer behavior in every industry, including the optical industry," they wrote in the internal memo circulated to employees. "As a business, we must do our best to adapt, which sometimes involves making difficult decisions in the best interests of the company." They added, "while this was an incredibly difficult decision, we are making these changes to enable us to operate in a more focused and nimble manner and to capitalize more efficiently on our highest impact opportunities."
        Everything costs more It's not just food and fuel: Americans are now paying considerably more than they were pre-pandemic for almost everything.As they struggle to stretch their weekly budgets to cover the rising costs of necessities, more households also are piling up credit card debt to keep up with the high cost of living. Credit card debt has jumped by $100 billion, or 13%, over the past year. It's the biggest percentage increase in more than 20 years. And if something is not a necessity, they're not buying it — or at least not as much of it. That's left big-box retailers like Walmart and Target with bloated supplies of clothing and other general merchandise.Walmart last week said it was laying off about 200 corporate employees.
          Warby Parker's move closely follows on the heels of direct-to-consumer footwear seller AllBirds, which recently eliminated some corporate positions, as well as a round of layoffs at resale platform StockX.As Warby Parker prepares to report its quarterly results Thursday, its stock price has dropped 70% so far this year. In May, the company reported results that missed expectations.

          News Source: CNN

          Tags: warby parker’s corporate employees corporate positions difficult decision the announcement warby parker over the past the company the company

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          Kylie Jenner shows off her impeccable style in a pink feather gown with sister Khloe Kardashian at the Balenciaga show during Paris Fashion Week

          Kylie Jenner showcased her impeccable sense of style, while her sister Khloe Kardashian caught the eye at the Balenciaga Show during Paris Fashion Week on Sunday. 

          The makeup mogul, 25, turned heads in an eye-catching hot pink feather gown which showed off her curvaceous figure. 

          She elevated her height in a pair of black pointed heels, while accessorising with a quirky pair of white sunglasses. 

          Fashionistas: Kylie Jenner showcased her impeccable sense of style, while her sister Khloe Kardashian caught the eye at the Balenciaga Show during Paris Fashion Week on Sunday

          The Keeping Up With The Kardashian's star carried a large leather bag as she strutted into the venue in the French capital. 

          Kylie sported a bronzed makeup palette which accentuated her natural features with a swipe of nude lipstick, while wearing her raven tresses in a stylish up-do. 

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          While Khloe opted for an understated all-black look, donning a black oversized zip-up jacket.

          Wow! The makeup mogul, 25, turned heads in an eye-catching hot pink feather gown which showed off her curvaceous figure

          Incredible: She elevated her height in a pair of black pointed heels, while accessorising with a quirky pair of white sunglasses

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          Fluff it up like Kylie Jenner in a dress by Balenciaga

          Balenciaga Fall 2022 Couture

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          Kim might have been working with Dolce & Gabbana at Milan Fashion Week, but the Kardashian/Jenner family are still completely obsessed with Balenciaga!

          Kylies pictured here attending the show at Paris Fashion Week modelling a dress from the Fall 2022 Couture collection. It really reminds us of a Balenciaga feather coat Kim wore for the SNL afterparty when she was hosting thanks to that amazing colour and texture!

          Click through to add a bit of Balenciaga to your wardrobe.

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          She teamed it with a pair of black skintight leggings that accentuated her long, lithe legs.

          She added height to her frame with a pair of black pointed boots, and carried a matching Balenciaga handbag.

          Keeping her accessories simple, she wore gold earrings emblazoned with the letter B for the brand.

          Looking good: Khloe sported a pair of black skintight leggings that accentuated her long, lithe legs

          Fashion forward: She added height to her frame with a pair of black pointed boots, and carried a matching Balenciaga handbag

          Khloe scraped her blonde tresses back in a sleek and elegant bun and hid her eyes behind a pair of quirky oversized sunglasses. 

          Kanye West donned an all-black ensemble as he attended the star-studded show with his kids North, Saint, Chicago, and Psalm who he shares with Kim Kardashian. 

          It comes as fans who watched the season two premiere of Hulu's The Kardashians think Khloe Kardashian's daughter True Thompson may have accidentally revealed the name of Kylie's son. 

          The little boy, whose father is Travis Scott, was originally introduced to the world as Wolf, but the make-up maven later told fans she and her beau reneged on the moniker.

          Family outing: Kanye West donned an all-black ensemble as he attended the star-studded show with his kids North, Saint, Chicago, and Psalm who he shares with Kim Kardashian

          Low-key: The rapper cut a casual figure in a black hoodie, jeans and a pair of wellies

          On Thursday's episode of their reality show, four-year-old True is heard chatting to her mother Khloe shortly after she welcomed a new baby boy via surrogate, with True referring to her baby brother as 'Snowy'. 

          But as her mother corrects that Snowy is not the baby's name, fans are now speculating that it could be the name of Kylie's son - with True just getting her new brother and cousin confused. 

          The episode documented the birth of Khloe's second child with love rat Tristan Thompson - with their firstborn child True meeting her new baby brother virtually.

          During a FaceTime call, True shouted 'Hi, Snowy!' to the newborn, before Khloe corrected her daughter: 'His name is not Snowy.'  

          Looking good: Emily Ratajkowski looked low-key in a black Adidas tracksuit while posing up a storm at the event

          Gorgeous: Christine Quinn showed off her sensational style in an oversized navy hoodie, teamed with jeans and knee-high boots

          Stunning: Anastasia Karanikolaou showed off her figure in a skin-tight catsuit which she wore underneath a black hoodie

          Khloe joked that her son is 'No Name Johnson' because she's yet to decide on her son's moniker. 

          But the random 'Snowy' name drop has fans thinking that True could have actually gotten her new baby brother confused with another new baby in the family - her auntie Kylie's seven-month old son.

          Earlier this month, while on The Late Late Show, Kylie Jenner told host James Corden her son still doesn't have a name. 

          She explained that the baby is legally still Wolf Webster: 'His name is still Wolf, his passport is Wolf, but that isn't gonna be his name. We're just waiting and simmering. We don't call him Wolf,' she said.

          Spill the beans? On Thursday's episode of their reality show, four-year-old True is heard chatting to her mother Khloe, with True referring to her baby brother as 'Snowy - fans think she confused the tot with Kylie's baby 

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