By Andrew Asch | February 12, 2015
Retailers do business in a world where every sale counts, but since Elyse Walker started her self-named boutique more than 15 years ago, she tried to take a different sales angle.
This was a big year for remodels and construction of new buildings on Rodeo Drive, often considered the most exclusive of luxury shopping districts in Southern California.
On the heels of the Nov. 21 debut of the hip e-commerce emporium’s debut of its first physical shop at 8115 Melrose Ave. in Los Angeles, it’s getting ready to open another boutique. The second shop will be located at 1254 Third Street Promenade in Santa Monica, Calif. It was the former site of a MNG by Mango.
The Ace Hotel was one of the most highly anticipated projects to open in the Los Angeles Fashion District.
From the sale of trade show giant Advanstar to the high-profile federal raid on Los Angeles Fashion District businesses, 2014 was a year of surprises and contrasts.
SwimSpot, the swimwear retailer owned by Raj Manufacturing, named Rose Jannuzzi senior vice president of operations.
During a conference call on Dec. 10, executives of The Wet Seal Inc., discussing third-quarter results, raised the possibility of a company bankruptcy.
California is on a steady course to see job growth outpace the U.S. economy through the end of 2016, eventually driving down the state unemployment to 5.6 percent during that period. That is considerably lower than the 7.3 percent recorded in October.
Reviving a long-gone movie theater, introducing unique, boutique retail, building a park; these are some of the new features that Rick J. Caruso plans to bring to his proposed Palisades Village development in Los Angeles’ exclusive Pacific Palisades enclave.
Plans for The Bloc, the 1.8 million-square-foot, mixed-use shopping center in downtown Los Angeles are taking shape with a remodel planned for the center’s Macy’s store and new tenants signing on to open in 2015.
Shopping-center juggernaut Westfield wrapped up a $20 million renovation of its Westfield Santa Anita mall in Arcadia, Calif., on Black Friday.
Black Friday sales results disappointed, but overall retail business for the month of November generally pleased retailers and Wall Street analysts.
Retail analysts forecast a lull in business in weeks following the big deals and buzz of Black Friday, generally considered the kickoff of the winter holiday retail season. Business is predicted to skyrocket sometime before Dec. 20, Super Saturday, the weekend before Christmas.
New York–based Doneger Group, the retail consultancy and partner of Los Angeles–based Directives West, has acquired New York–based color trend-forecasting agency Huepoint.
Poshmark, a 3-year-old mobile app launched by Manish Chandra out of Menlo Park, Calif., has unveiled a free new service that will help buyers on the fashion and accessories destination make sure the brands they are buying are the real McCoy.
The Black Friday weekend represented a tough beginning to what many economists still forecast to be a holiday season of good sales.