FINANCE

L.A.’s Topson Downs Acquires Majority of Rachel Roy Label

By Deborah Belgum | July 18, 2014

Topson Downs, a Los Angeles manufacturer established in 1971, announced on July 18 it had acquired a majority interest in the Rachel Roy brand from The Jones Group.

Party in L.A.

Party in L.A.

Here’s a typical timeline for designers: Toil through the process of making a debut line, produce a big party, and then hope buyers take a look at the line. The Well, a downtown Los Angeles creative company, flipped the typical timeline.

Guess Founder Returns with New Denim Line

Guess Founder Returns with New Denim Line

Marciano has returned to fashion with his own clothing line. It is called GM - Georges Marciano. It launched about three months ago with the help of 6188, a creative branding studio owned by Marciano’s son, Scott Marciano, and Marciano’s former design liaison, Angela Furlong.

UPDATE: Dov Charney Now Controls 43 Percent of American Apparel Stock

Dov Charney nearly doubles the amount of American Apparel stock he owns.

Sequential Brands in Deal to Buy Galaxy Brand Holdings

Sequential Brands Group is getting ready to double its revenues. The company, which got its start in Los Angeles as a clothing company that has the William Rast label, announced it had signed a definitive agreement to acquire Galaxy Brand Holdings for $280 million in cash and stock.

After Friend’s Shocking Death, A Collection

After Friend’s Shocking Death, A Collection

Crooks & Castles' Spring '15 styles will bow at the upcoming Agenda trade show in Long Beach, Calif., but the label made one of its most heartfelt statements on June 19.

Dov Charney Wages War to Stay on at American Apparel

In a filing on June 23 with the Securities & Exchange Commission, Dov Charney, the ousted American Apparel founder, president and chief executive, said he met with a group of shareholders last week who want him to continue running the company, and he will fight to stay on.

Fashion Meets Function in New Men’s Collection Designed by Henry Duarte and Pepper Foster

Fashion Meets Function in New Men’s Collection Designed by Henry Duarte and Pepper Foster

Set to debut in September, the Monkey Sports menswear collection will include more than 200 styles, including denim, T-shirts, hoodies, jackets, woven shirts, sweats, shorts, track pants and underwear.

California-Made T-shirts

California-Made T-shirts

Laura Glover designs understated knit tees that combine both comfort and style into one. Her Los Angeles–based brand, Daydreamer, features soft tees that combine effortless, California style with a rock ’n’ roll, bohemian vibe.

Cherokee Strikes Alliances in Australia, New Zealand, Brazil, Canada, China

Sherman Oaks, Calif.–based Cherokee Inc. struck several new alliances that will take the company’s lifestyle brands further across the globe.

New Licensing Partners Announced for Saban Brands’ Julius Jr. Character

New Licensing Partners Announced for Saban Brands’ Julius Jr. Character

“Julius Jr.” is a new pre-school children’s TV series that debuted last September on Nick Jr., part of the Nickelodeon network. Saban Brands is signing agreements with a host of licensing partners this year and next to make tons of Julius Jr. products.

South Korean Thread Plant to Open in Costa Rica

With an eye on taking advantage of the free-trade agreement between Central America and the United States, a large South Korean apparel and textile company is building a $50 million thread mill in Costa Rica.

UPDATE: American Apparel Board Votes to Oust Founder

In a stunning move, the board of directors of Los Angeles–based American Apparel Inc. voted June 18 to suspend founder, President and Chief Executive Officer Dov Charney, naming John Luttrell as interim CEO.

American Apparel Board Votes to Oust Founder

The board of directors of Los Angeles–based American Apparel Inc. voted to suspend founder, President and Chief Executive Officer Dov Charney, naming John Luttrell as interim CEO.

New CEO at AAFA

The American Apparel & Footwear Association, the Arlington, Va.–based apparel and footwear association, named Juanita D. Duggan its chief executive officer, replacing Kevin M. Burke, who left AAFA in January after 13 years with the organization.

How Retro-Style Clothing Formed a Multi-Million Company

How Retro-Style Clothing Formed a Multi-Million Company

Inside a sewing factory in South Central Los Angeles, mounds of colorful fabric are piled high as the buzz of sewing machines punctuates the air.