By Andrew Asch | June 1, 2017
In 2012, Carl Louisville quit a job running the Prada Epicenter store on Rodeo Drive, where he got to socialize with Miuccia Prada and Hollywood A-listers. Post Prada, he opened a luxury store in a section of Los Angeles adjacent to homeless encampments in the city’s tough Skid Row section.
Stitch Fix, the online subscription clothing service based in San Francisco, has a new chief financial officer.
The numbers tattooed on Michael Costello’s arm—12614—say it all. On Jan. 26, 2014, Beyoncé wore the designer’s white lacy and semitransparent gown to the Grammy Awards, and in just one night she pushed the former “Project Runway” contestant to the top of the celebrity-designer map.
Sears Holding Corp. announced this week that it would eliminate 400 jobs in its corporate headquarters in Hoffman Estates, Ill., located in the suburbs of Chicago.
The Made LA festival mixed runway shows, music performances and fashion vendors selling everything from boots to T-shirts when the event held its sophomore run over the weekend of June 10.
Deanna Hodges made a career of building clothing companies. She recently launched an e-commerce site designed for closeouts, or the clothes that don’t make it to the shop floor.
Independent boutiques in popular retail neighborhoods are embracing a new revenue model, said Syama Meagher, chief executive officer of the consultancy Scaling Retail.
Irvine, Calif.–based Z Supply recently opened its first in-store-shop concept in the Sunny Days boutique on Balboa Island in Newport Beach, Calif., with plans to open a second in-store shop at the Sunny Days boutique in Orange, Calif.
After closing all 168 stores, Bebe sells distribution center and now wants to get rid of its LA design studio.
Retail sales reports for May were downbeat. Cato Corp., a Charlotte, N.C.–headquartered retailer, had a particularly tough month when it posted a same-store-sales decline of 16 percent.
Michael Kors Holdings Ltd., the New York–based ready-to-wear and accessories brand founded by designer Michael Kors, announced on May 31 that it would close more than 100 stores.
Credit, debit and prepaid cards in 2016 saw a purchase volume increase of 7 percent based on a year-over-year comparison, according to The Nilson Report, a Carpinteria, Calif.–based trade publication reporting on the payments industry. In America, credit, debit and prepaid cards’ purchase volume reached $5.648 trillion in 2016.
Every day, seven tons of trash are collected in the Los Angeles Fashion District, up from six tons a day last year.
When Sydney entrepreneur Jane Lu started posting pictures of fast-fashion styles on social-media sites for her Australian e-commerce label, Showpo, she was surprised that she got interest from California.
Reformation made fashion headlines in Northern California this year when it opened an eco-friendly boutique that featured retail tech such as touchscreens. The women’s fashion line recently announced that it will bring its new store concept to its hometown of Los Angeles.