By Andrew Asch | October 25, 2018
The National Retail Federation released a forecast earlier this month that shows sales for the upcoming holiday season will increase from 4.3 percent to 4.8 percent over the year.
Fashion styles are always changing, but veteran juniorswear trend forecaster Barbara Fields suggested that retailers hold on to a few select looks she believes are going to have staying power through Summer 2019.
U.S. sales for the holiday 2018 season are expected to be better than last year.
Bebe Stores announced it made several changes to its board of directors.
Since the mid-1980s, Los Angeles’ La Brea Avenue has been a fashion street.
E-commerce business has been skyrocketing, but judging from retail vacancies in Los Angeles County, bricks-and-mortar retail is still a contender.
Torrid Inc. announced the appointment of Liz Muñoz to lead the fashion retailer as chief executive officer.
Los Angeles has become the largest city in the United States to take a big step toward banning the sale of fur. Sales of vintage and used fur are exempt.
When Caruso, a well-known Los Angeles developer, unveils Palisades Village in a week, it will answer the question about whether the high-flying company behind the game-changing The Grove shopping mecca still has its magic touch.
Two major shopping-center developers are getting together to construct a big outlet mall that will be located south of Los Angeles and not far from the new Los Angeles Rams and Los Angeles Chargers football stadium.
RETAIL HEALTH: After many retail chains crashed and burned, retail business is starting to improve. Retail sales for August, which includes the Back-to-School Season, were just released.
When the Kaviani sisters started their online clothing company from their parents’ home six years ago, they never imagined that their $7,500 investment would mushroom into a multimillion-dollar enterprise selling mostly simple knit basics that have been seen on celebrities including Lady Gaga, Jennifer Lopez, Khloe Kardashian and her sister Kylie Jenner.
Tailored Brands Inc., the Fremont, Calif., parent company of several menswear-store chains, said its chief executive as well as its president and chief operating officer are leaving.
Victor Herrero, a Spaniard who had worked for Inditex for more than a decade, came on board three years ago as the new chief executive of Guess? Inc. to turn things around.
Macy’s is getting into the pop-up shop business. Emerging and new brands are encouraged to pitch the department-store chain to display their merchandise in this new venture.
Same-store sales for Gap Inc.’ssecond quarter of 2018 increased 2 percent compared with the same period in 2017, said Art Peck, Gap Inc.’s president and chief executive officer.