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RETAIL

Montana’s Past, Present and Future is Female

By Andrew Asch | June 6, 2019

Shopping on Montana Avenue in Santa Monica, Calif., continues to be perfect for the shopper who likes to walk. We visited the street to see what are some of the area’s hot sellers.

Guess Sees Net Loss With Revenues Increasing in the First Quarter

Carlos Alberini, the new chief executive of Guess?, Inc., was celebrating more than four months on the job with financial news from the Los Angeles company’s first quarter of 2020.

Canadian Company to Open Several Charlotte Russe Stores

Canadian fashion company YM Inc. will put the young women’s boutique chain Charlotte Russe, formerly of San Diego, back in the retail game.

Cold Weather Puts a Chill on Retail

Southern California has been cold and rainy this winter, and some have described the business of selling beach-inspired and summer clothing as a washout.

Report Says Forever 21 Holding Debtor-in-Possession Talks

For months, the fashion industry has been talking about Forever 21 being in financial difficulties after it started shutting down all its stores in China and selling its giant headquarters building east of downtown Los Angeles.

Gap Sees Same-Store Sales for Key Brands Fall in First Quarter

The first quarter of 2019 did not go well for Gap Inc., the San Francisco purveyor of blue jeans and other casualwear.

The Disappearance of Dressbarn Emphasizes the Need for Manufacturers to Develop New Business Models

The recent announcement that Dressbarn was closing its chain of 650 stores drove home the growing dilemma for U.S. apparel manufacturers. There are just fewer retailers to sell to these days.

Fur Ban Bill Approved by California Assembly

California is closer to becoming the first U.S. state to ban the sale of fur.

Boardriders to Lay off 40 People in Orange County, Calif.

Boardriders, the surfwear company, is laying off 40 employees according to records filed in early May with the state Employment Development Department.

Dressbarn to Close All Stores

Dressbarn, a chain of discount specialty stores, is planning to close its entire fleet of 650 stores across the United States. More than 40 of those stores are in California.

The RealReal Appoints Four New members to Its Board

San Francisco luxury-resale company The RealReal announced it has named four new members to its board of directors.

What’s Next for the L.A. Fashion District and the California Market Center?

A renaissance is brewing in the Los Angeles Fashion District with the California Market Center and Los Angeles Street forecast to be major hubs in the area.

Retail Vacancies Are Up in L.A. County

Blame the closure of big-box stores for an uptick in retail vacancy rates in Los Angeles County during the first part of 2019.

Virtual Reality, Digitization and Social Media Shake Up Retail

The future of retail is looking like a chapter out of a science-fiction novel.

New Company Formed to Help Evaluate Fashion Industry Sustainability

The world’s fashion industry is falling behind in its goals to become sustainable and environmentally friendly, according to a manifesto released this week by several environmental fashion organizations including Global Fashion Agenda and the Sustainable Apparel Coalition.

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