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Forecast Bright for Holiday, But Analysts and Consumers Uneasy

By Andrew Asch | October 9, 2014

Economists for the NRF, the largest retail trade group in America, forecast good business for the crucial holiday season. NRF released a forecast on Oct. 7 that predicts sales in November and December will increase 4.1 percent to $616.9 billion.

Finance Resources

Finance Resources

Mixed Start to Holiday Season, NRF Survey Says

Malls were buzzing with shoppers on Black Friday, the traditional start of the holiday shopping season, but spending declined on the four day Thanksgiving Day weekend, according to a survey by prominent trade and advocacy group National Retail Federation.

'Crowdfunding': Fashion Finds New Revenue From the Multitudes

With traditional funding increasingly hard to get, many entrepreneurs are seeking to raise funds on crowdfunding platforms such as Kickstarter Inc., based in New York, and Indiegogo Inc., headquartered in San Francisco.

Billabong Sells West 49

In a little more than a month after it named a new chief executive officer, the beleaguered parent company of Irvine, Calif.–based Billabong announced that it has sold the Canadian chain of stores West 49 Inc. to YM Inc., which is headquartered in Toronto.

Billabong Sells West 49

In a little more than month after it named a new chief executive officer, the beleaguered parent company of Irvine, Calif.–based Billabong announced that it sold Canadian chain of stores West 49 Inc. to YM Inc., which is headquartered in Toronto.

Juicy Couture Sold to Authentic Brands Group

Juicy Couture, the luxury casual line born in Los Angeles and scooped up by a New York company a decade ago, has been sold by Fifth & Pacific for $195 million to Authentic Brands Group.

California Economy Shows Signs of Gain, Challenge

Levi Strauss & Co., the 147-year-old blue-jeans company, has weathered its share of economic twists and turns.

Juicy Couture Sold to Authentic Brands Group

Juicy Couture, the luxury casual line born in Los Angeles and scooped up by a New York company a decade ago, has been sold by Fifth & Pacific for $195 million to Authentic Brands Group.

Joe’s Jeans Completes Acquisition of Hudson Clothing

The merging of two Los Angeles–based premium-denim companies is a done deal. Joe’s Jeans announced Oct. 2 that it had completed the $97.6 million acquisition of Hudson Clothing.

Investors Want to Take Frederick’s of Hollywood Private

After years of being traded on the stock market, a group of shareholders is trying to convert decades-old lingerie company Frederick’s of Hollywood into a private company.

How Will Obamacare Affect Shoppers and the Clothing Industry?

Healthcare and shopping. One doesn’t seem to go with the other. But with the mandatory health-insurance program, known as Obamacare, going into effect next year, many consumers will be on the hook to pay more out of their pocketbook to get health insurance.

Investors Want to Take Frederick’s of Hollywood Private

After years of being traded on the stock market, a group of shareholders is trying to convert decades-old lingerie company Frederick’s of Hollywood into a private company.

Billabong Changes CEO, Refinancing Plans

Beleaguered surf giant Billabong International Ltd. shifted gears in its bailout.

Holiday Sales Will Be Up and Shopper Traffic Down This Year

Retailers will have to work harder for their money this holiday season.

Finance Resource guide

CIT Commercial Services, Goodman Factors, Hana Financial, Inc., Rosenthal & Rosenthal