FINANCE

Beer Named Western Regional Sales Manager at CIT

By Alison A. Nieder | September 1, 2016

The CIT Group Inc. named Darrin Beer Western regional sales and portfolio manager for the company, replacing Mitch Cohen, who has retired.

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.

Quarterly Report: Baby Boomer and Millennial Impact Leads the Economic Forecast for LAEDC

The economy is gearing up for a major shift as the huge baby boomer generation enters retirement and the even larger millennial generation begins taking a greater position in the workforce.

New Vice President at Rosenthal & Rosenthal

Rosenthal & Rosenthal Inc., a privately held domestic factoring and financing firm, has hired Martin Eckstein as vice president of business development.

Mid-Year Economic Forecast: Signs of Strength Tempered With Notes of Caution

California’s economic outlook for the remainder of the year is good, but it’s not exactly time to pop the champagne cork because the forecast is served with a helping of caution.

Job Growth Looks Positive in California and the U.S.


With the economy still ticking along, the unemployment rate in California and the rest of the country will continue to drop through 2016, according to the latest UCLA Anderson Forecast.

Quiksilver Scraps 2015 Outlook, Planning Comeback With Improved Supply Chain and Sales

Quiksilver Inc. reported results for its second fiscal quarter of 2015 and rescinded its previously stated financial guidance for the fiscal year, the surf giant noted that it would not provide an outlook for the rest of fiscal year, according to a company statement, which was released on June 9.

American Apparel Sees First Quarter Net Loss Jump

American Apparel reported that in the first quarter of this year it had a net loss of $26.4 million, or 15 cents a share, compared to $5.5 million, or 5 cents a share, last year.