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August 27 - September 2, 2010
Fashion Special Reports | California Apparel News
Forever 21 to Open in Saks Space in O.C, Calif.
August 27, 2010Fast-fashion retailer Forever 21 is also into fast expansion. The Los Angeles–based retailer, whose new business model is to occupy larger stores, will be taking over the Saks Fifth Avenue space located in The Shops at Mission Viejo shopping center in more»
INDUSTRY OPINION
“I think there’s a real opportunity in retail to be able to romance the experience again. Retailers are going to have to work very hard to create that emotional feeling again. And it can’t just be, ’Here’s another thing to buy.’”
Wendy Liebmann, chief executive officer of retail consultancy WSL Strategic Retail, discussing retailers’ strategies for encouraging shoppers to spend. The quotation is from a New York Times story about consumers re-evaluating their spending decisions.
Finance
Finance Resource Guide
August 27, 2010
CIT Commercial Services
11 W. 42nd St.
New York, NY 10036
Contact: Ann-Margret Crater
www.cit.com
Year Established: 1908
Territory: The Los Angeles office serves clients in the Western United States and Asia.
Services: CIT Commercial Services operates through the U.S. and internationally. CIT is the nation’s more»
11 W. 42nd St.
New York, NY 10036
Contact: Ann-Margret Crater
www.cit.com
Year Established: 1908
Territory: The Los Angeles office serves clients in the Western United States and Asia.
Services: CIT Commercial Services operates through the U.S. and internationally. CIT is the nation’s more»
Real Estate
Luxury Mall Malibu Lumber Yard Up for Sale
August 20, 2010
It may be only a little more than 1 year old, but the Malibu Lumber Yard’s owners want to sell the high-end shopping center, which is located not far from the ocean in Malibu, Calif. Malibu Lumber Yard partners Richard Weintraub and Richard Sperber quietly put the 32,000-square-foot property,
more»
Fiber & Fabric
U.S. Textile Groups Ask for Revisions in Korean Free-Trade Agreement
by Deborah Belgum, Senior Editor
August 13, 2010
The free-trade agreement between South Korea and the United States still isn’t a done deal, but already the textile provisions are mired in controversy. Various U.S. textile and apparel manufacturing groups fear Korean yarns and fabrics will flood the American market when tariffs immediately
more»
Technology
Levi's Gets Fit
August 13, 2010
Body-scanning technology inspires Levi’s to find the perfect curve. Levi’s is embracing the technology of fit with a new line of custom-fit jeans designed to hug the curves of a woman’s body. Rather than focus on size, Levi’s Curve ID’s fit system focuses on shape. The
more»
Fiber & Fabric
Guatemala Reacts to Allegations of Labor Violations
by Deborah Belgum, Senior Editor
August 13, 2010
Confusion but not cancellations so far as Guatemala leaders make plans to meet with U.S. labor officials After the Obama administration notified authorities it would file a complaint alleging labor violations in Guatemala, that country’s government has been doing damage control to alleviate
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Technology
Shops and Malls Reach Out With New Mobile Technology
by Andrew Asch, Retail Editor
August 06, 2010
Mobile commerce, or shopping with smart phones, is one of the new frontiers of retail, and entrepreneurs and malls are taking e-commerce to a new level of interactivity with augmented reality. The Norma Kamali flagship boutique in New York made a splash with it earlier this year. The Victoria Gardens
more»
Finance
NRF Takes Aim at Sales Tax Loophole for E-tailers
August 06, 2010
The National Retail Federation is urging Congress to enact legislation that would close a loophole that allows e-commerce retailers to avoid collecting sales tax on items sold online. H.R. 5660, introduced by Rep. Bill Delahunt (D–Mass.), is dubbed the “Main Street Fairness Act.”
more»
Finance
Uncertain Times Call for Cautious Business Steps
by Deborah Belgum, Senior Editor
July 30, 2010
Is it cloudy with a chance of sunshine or sunny with a chance of clouds? The economic forecast for the rest of this year is still uncertain. Speculation about a double-dip recession persists. The stock market is on a rollercoaster ride, and orders for big-ticket items fell in June as the economic
more»
Finance
Financing Options: A Primer for Start-Ups and Growing Companies
by Steven Goldman, Contributing Writer
July 30, 2010
Financing the small start-up and the growing mid-size importer or manufacturer can be like learning a foreign language for many company owners. They are often merchandisers and or sellers by trade, so financial “know-how” is something that is missing from their experience. But there
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