Tease photo
FINANCE

Dressing for the Future: How NetSuite and AI Are Transforming the Apparel Industry

By Chris Millet - Director, NetSuite practice | May 19, 2026

The apparel industry runs on agility: the ability to read a trend, move product, and pivot before the season turns. But in today’s environment, where supply chains span continents, consumer expectations shift at the speed of social media and margins are perpetually under pressure, agility alone is no longer enough.

What’s in Store for the Factoring Business With Fewer Stores on the Retail Landscape?

The retail boneyard is piled high with store doors that closed last year, and many more may be on the way.

Booming Economy in 2018 Means Smart Retailers Will Profit

With tax cuts in place and unemployment at a record low, 2018 is shaping up to be a banner year for the economy.

2017 Economic Retrospective

The stock market is at an all-time high. Unemployment rates have hit rock bottom, and Southern California housing prices have surpassed their all-time high in 2009.

UCLA Economists Predict a Healthy 2018 With Clouds on the Horizon

UCLA economists are optimistic about the U.S. economy in 2018 and then see it cooling in 2019.

True Religion Exits Bankruptcy With Smaller Footprint

True Religion, the Los Angeles company whose jeans were constantly being knocked off by Chinese counterfeiters when the label was a must-have brand, exited Chapter 11 bankruptcy with a smaller retail footprint and cash to move forward.

Nicholas Nunnari Joining CIT’s West Coast Office

CIT named Nicholas Nunnari vice president and business development officer for the company’s commercial services team in Los Angeles under the direction of CIT Western Regional Manager Darrin Beer.

Citizens of Humanity Management Buys Back Company From Private Equity Investors

Citizens of Humanity’s executive management team and private investors pooled their money together to buy back the portion of the company owned by private-equity investor Berkshire Partners and cofounder Jerome Dahan.

How the Factoring Industry Has Adapted to a Changing Retail World

As the retail industry has changed into a split personality of online and offline shopping, so too has the factoring industry that finances manufacturers’ production and sales to clients.

UCLA Anderson Forecast Shines a Light on the Troubled Retail Industry

In one year, retail employment declined by 29,000 jobs. What had been the second largest private-sector employer in the United States has dropped to the fourth largest, according to the recently released UCLA Anderson Forecast.

CIT Group Names New Chief Strategy Officer

Commercial lender CIT Group has named Kenneth McPhail as executive vice president and chief strategy officer, effective immediately.

DSTLD Plans Second Round of Crowd-Funding, Pop-Ups and Other Events Planned

DSTLD, the direct-to-consumer contemporary brand for men and women, is preparing to open up its second round of crowdfunding.

Bachrach Men’s Stores to Exit Bankruptcy Soon

Only four months after filing for Chapter 11 bankruptcy protection, Bachrach men’s stores is expected to emerge from bankruptcy by the end of August with 15 stores intact.

The Effect of Rising Interest Rates on the Apparel Business

For nearly a decade, interest rates have remained near zero, meaning it was very inexpensive for businesses to borrow money. But those sunny days may be over. Twice this year, the Federal Reserve has raised the prime rate, and it is expected to do so again later this year.

Solid Economic Growth Pushes Online Sales With Traditional Stores Revamping Their Fleet

Retail sales are inching forward this year with a strong nudge by online purchases fueled by millennials who prefer shopping on their smartphones and computers.

UCLA Anderson Forecast Sees a Stable Economy for Next Few Years

The UCLA Anderson Forecast says Trump's prediction of 3 percent GDP growth probably won't happen.