By Deborah Belgum | August 14, 2014
In preliminary results for its second quarter, American Apparel reported it reduced its net loss over last year even though revenues were relatively flat.
Wholesale showroom space, the Gerry Building, is for sale.
Retailers are betting on Los Angeles again, and real estate prices are climbing.
After a roller coaster year--and various suitors, ailing Australian surf giant Billabong International is off the block.
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Apparel retailers are forecasting good business for the rest of the year.
Prime Business Credit, which has offices in Los Angeles and New York, announced it acquired Asiana Capital
With earnings season upon us, several retail and apparel companies are reporting year-end and quarterly results that tell a happy story.
For many U.S. apparel manufacturers, China is no longer the sourcing paradise it used to be.
Jeff Lubell, the chairman, chief executive officer and chief creative officer of Vernon, Calif.–based True Religion Apparel Inc., is stepping down from the company he co-founded and will serve as chairman emeritus and creative consultant. Lynne Koplin, president of the company, will serve as interim CEO.
After reporting a same-store-sales decline of 15.7 percent for its second fiscal quarter of 2013, Frederick’s of Hollywood Group Inc. announced March 18 that it fired President and Chief Operating Officer Don Jones and will change some of its merchandising strategies.
Plenty of money is floating around for merger-and-acquisition deals to be done in the apparel industry.
BCBG Max Azria Group has retained New York–based investment firmBlackstone Group in a move that signals the Los Angeles–based owner of the BCBGeneration, BCBGMaxAzria and Herve Leger brands could soon be sold.
Joe Dahan, creative director at Joe’s Jeans, is getting a nice payout from his employer.
Apparel manufacturers in Los Angeles County may shed a few jobs this year, but clothing and accessories retailers are expected to see sales gains as consumers become more confident about the economy.
The presidential election may be behind us, but the economy is still in a slow-go mode.