FINANCE

Retailers Go Back to the Drawing Board to Draw in Consumers

By Deborah Belgum | April 14, 2016

As consumers alter their buying patterns, developers across the country are blowing up shopping centers and redrawing their mall maps to give more real estate to restaurants, nail salons and gadget stores and less square footage to clothing outposts.

Retailers Face a Challenging Year in 2016 as U.S. Economy Chugs Along

Financial gurus and pundits agree that 2016 will probably be an economic twin of 2015. There will be slow but steady growth and unemployment will remain low.

CIT Group Appoints New President of CIT Commercial Services

CIT Group Inc., a provider of commercial lending and leasing services, announced that Marc Heller will be the new president of CIT Commercial Services, a major factor in the apparel industry.

Iconix Being Investigated by SEC

Iconix Brand Group, which owns a number of labels started in California, announced on Dec. 28 it received a formal order of investigation from the Securities and Exchange Commission.

2015: Year in Review

2015: Year in Review

2015 Economic Retrospective

As 2015 draws to a close, the editors of California Apparel News take a look at several key economic indicators to assess how California’s fashion industry navigated the slowly recovering economy over the past year.

American Apparel Hits Financial Headwinds

The largest clothing factory in the United States had a mountain of debt that pushed it into bankruptcy court in October, filing for Chapter 11 protection.

Newsmakers 2015

Newsmakers 2015

The people and events that made the news in 2015.

Newsmakers 2015: Joe’s Jeans Undergoes a Metamorphosis

It was a topsy-turvy year for Joe’s Jeans, the Los Angeles premium-jeans maker launched in 2001 by designer Joe Dahan.

Growing Economy Will Lead to Rising Interest Rates Soon

The long-awaited moment may be here. The U.S. government is expected to boost federal interest rates this month.

LA Private-Equity Firm Buys Specialty Store Chain

Classic styles with a touch of fashion have been the mainstay of J.McLaughlin, a small specialty-store chain founded in New York by two brothers in 1977.

Oaktree Capital Working on Buying Quiksilver

Oaktree Capital Management, the Los Angeles–based investment firm, is ramping up its effort to buy Quiksilver Inc. out of bankruptcy.

The Ins and Outs of Brand Building With Licensing, Investment and Social Media

Nearly 200 apparel-industry executives turned out to discuss brand-building strategies that ranged from social-media practices and licensing opportunities to gauging when to seek outside investment.

Ron Garber to Merchant Factors


Ron Garber, who most recently was the executive vice president and regional manager of First Capital Co., has been named an exclusive consultant with the Los Angeles office of Merchant Factors Corp.

American Apparel Focusing on Building New Product

American Apparel Focusing on Building New Product

Financial woes throw American Apparel into bankruptcy court.

Mergers, Acquisitions and Reorganizations: Finance Leaders Take a Look at the Months Ahead

We recently caught up with several finance-industry executives to talk about merger-and-acquisition opportunities and the challenges of balancing a business in the current economic environment.