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.
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.
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.
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.
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.
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.
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.
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.
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.
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 proved to be a tough month for many retailers.
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.
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.
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, 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.