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AAFA Applauds Passage of S.Res.736, SHOP SAFE Act Stalled
By Dorothy Crouch, Contributing Writer | July 25, 2024
Everyone likes a dose of fast fashion now and then, but nobody, whether consumers or manufacturers, likes fake fashion. But the crooks behind counterfeit goods can be dealt a blow with greater awareness, and that’s sure to happen now thanks to the passage of S.Res.736 on July 8, which designated the month of July National Anti-Counterfeiting and Consumer Education and Awareness Month.
Hope Floats Amid Economic Uncertainty During 2024 2nd Half
California Apparel News asked financial leaders in the apparel business: What successful strategies did you recommend for the challenges faced in the first half of 2024, and how should apparel-industry professionals approach the second half of the year?
Levi’s Reports Growth in Q2 Performance With Strength in DTC
San Francisco–based Levi Strauss & Co. reported financial results for second quarter 2024, which ended May 26, nearly six months after the January appointment of president and CEO Michelle Gass.
Swedish Investment Firm Altor Acquires Renewcell
Cotton-recycling pioneer Renewcell has announced that its remaining assets have been acquired by Altor, an investment firm based in Sweden, and will now be known as Circulose.
Marcum Symposium Promotes Optimism Amid 2024 Challenges
The 2024 Consumer Products & Retail Symposium hosted by Marcum Accountants and Advisors afforded insights into planning for the most important seasons of the year, including back-to-school and holiday.
FashionGo’s Dynamic Net Terms Solution Provides Three Levels of Yes
The California Apparel News sat down with Paul Lee, CEO of NHN Global, owner of FashionGo, to learn the details of...
What’s Trending in the Apparel Sector? As It Turns Out, Beauty Isn’t Just Skin Deep
As 2024 picks up steam, consumer habits that came to the forefront during the holiday shopping season continue to manifest.
What the Apparel Industry Should Know to Navigate Some Choppy Seas
The California Apparel News recently checked in with Robert Krieger, president of logistics company Krieger Worldwide—“a kind of travel agent for cargo,” as he puts it—to give us the outlook on shipping as it relates to the apparel industry and the challenges that lie ahead.
A Shipping Tipping Point
2024 is starting off with a bang. The daily attacks on ships in the Red Sea, the most severe drought in the history of the Panama Canal, the looming expiration of the East and Gulf Coast ports...
Fashion Seeks Financial Relief From the Fed in 2024
California Apparel News asked industry leaders: When thinking about the potential for the Federal Reserve to cut rates in 2024, thereby moving inflation closer to the agency’s 2 percent goal, what does this mean for the fashion industry?
WOCF Closes $25M Deal With Cold-Weather Apparel Company
White Oak Global Advisors is a leading alternative debt manager specializing in originating and providing financing solutions to support small and middle-market enterprises at every stage of their life cycle...
Los Angeles’ Major Shopping Destinations Welcome the Winter Holidays
Many of Los Angeles’ most popular retail centers held events throughout November to mark the beginning of the 2023 holiday season...
NRF Releases Initial Thanksgiving Holiday Shopping Report
From phenomenal to lackluster, retailers recount differing experiences over the long Thanksgiving shopping weekend. That’s where the National Retail Federation steps in with big-picture stats and numbers that put everything in perspective.
An Opportunity for Greater Opportunity Around the World—Through Smart Trade
For the past decade in particular, U.S. apparel and footwear companies have been intensely focused on sourcing diversification. As U.S.-China and related geopolitical tensions increase, the momentum is even stronger...
NRF Forecasts Consumer Holiday Spending to Exceed $957B
The National Retail Federation forecasted 2023 consumer holiday retail spending will reach between $957.3 billion and $966.6 billion, reflecting 3 to 4 percent growth over 2022.
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