Tease photo
RETAIL

What’s Going On With Westfield Massive Topanga Project?

By Andrew Asch | March 9, 2017

In September 2015, Westfield unveiled a $350 million The Village at Westfield Topanga project adjacent to its luxe Westfield Topanga mall, 26 miles northwest of downtown Los Angeles. While wrapping up this project, the international mall giant was in the midst of planning an even bigger project in the Topanga area.

ModCloth Acquired by WalMart’s Jet.com

After a few days of heavy media speculation, it was announced March 17, that ModCloth, a San Francisco–headquartered e-commerce retailer with a focus on independent women’s fashions was acquired by Jet.com, a division of one of the world’s biggest retailers, WalMart.

Sene Brings Tech-Enabled Suits To District La Brea

The secret to making the perfect suit involves a certain harmony; it balances how a suit fits the wearer, the materials used in the suit and its overall design/look, according to Ray Li.

Schoenfeld Exits PacSun

Gary Schoenfeld, the chief executive who steered mall retailer Pacific Sunwear of California through a massive restructuring post–Great Recession and a Chapter 11 bankruptcy in 2016, has left the company.

Safavi Joins Caruso

Reza Safavi recently joined Caruso, the real estate development company that owns and manages prominent retail centers such as The Grove in Los Angeles, according to a Caruso statement.

Retailers Anxious over Travel Ban

Anxiety over a “Trump Slump” in tourism to the United States has become an issue, and California retailers have wondered if a travel ban initiated by the Trump Administration could affect them.

Apparel Sales Stall at 3 Percent, Athleisure Remains Influential, NPD Says

U.S. apparel industry sales increased 3 percent to $218.7 billion in 2016, according to market researchers The NPD Group in a March 6 statement.

Quiksilver Gets a New Name After Bankruptcy

With new owners running the show at Quiksilver Inc., it only seemed appropriate for a name change to go along with a revamped business model for the surfwear and skatewear retailer.

Rising Employment, Interest Rates and Inflation Set the Economic Tone for the Next Few Years

A new Trump administration should be good for the U.S. economy over the next couple of years, but there might be some bumps in the road for California, according to a UCLA report released March 8.

Naked Princess Moving Out of Flagship

Naked Princess Moving Out of Flagship

The Naked Princess lingerie, loungewear and beauty label will be moving out of its sprawling West Hollywood, Calif., flagship, according to a statement from the brand.

February Tough for Many

February proved to be a tough month for many retailers.

Gordon Brothers Wins Bid for The Wet Seal

The Wet Seal, the Southern California teen retail chain that filed for bankruptcy protection in early February, will be sold to Gordon Brothers, who won the bankruptcy bid and beat out Canadian retailer YM.

Nasty Gal Offices to Remain Open in Los Angeles

After being acquired by British-based online fashion retailer BooHoo.com for $20 million, Nasty Gal is marching forward with its same website and smaller offices in Los Angeles, as well as work spaces in New York, London and Manchester, England.

BCBGMaxAzria Files for Chapter 11 Bankruptcy Protection

BCBGMaxAzria Files for Chapter 11 Bankruptcy Protection

BCBGMaxAzriaGroup, the decades-old Los Angeles apparel company that was one of the first on the contemporary fashion scene, will keep stores open during bankruptcy proceedings.

Herbert Fink, Rodeo Drive Founding Father, 93

Herbert Fink, one of the founding fathers of Rodeo Drive’s designer and high-end retail scene, died Feb. 18 at his home in Los Angeles’ Bel-Air neighborhood. He was 93.

Previous