RETAIL

New Project for L.A. Arts District Pioneer Guerilla Atelier

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.

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.

What’s Checking: Beverly Hills Boutiques Thriving

What’s Checking: Beverly Hills Boutiques Thriving

Peppered around the corporate juggernauts on Rodeo Drive and department stores lining Wilshire, the boutiques of Beverly Hills take advantage of their intimate settings to thrive.

Gap Inc. Cuts 216 Jobs

Gap Inc. recently reported that it laid off 216 people at its corporate office in San Francisco.

Fashion Bookstore in the CMC Hosts Biannual Sale

The Fashion Bookstore<, located in the lobby of the California Market Center, will host its biannual sale Feb. 27–March 1 during the Los Angeles International Textile Show.

Althouse Closes Store, Rejoins American Rag

Jennifer Althouse rejoined prominent retailer American Rag Cie shortly after closing her self-named Althouse boutique in downtown Los Angeles in January. She will serve the retailer as an executive vice president.

Airport Retail Next Big Step for M.Fredric

For one store in the Los Angeles–headquartered M.Fredric chain, some of the busiest and most lucrative hours are between 6 and 9 a.m., long before most bricks-and-mortar retail stores are thinking about opening their doors.

The Wet Seal Goes on the Auction Block

Another California clothing venture is selling its brand after declaring Chapter 11 bankruptcy protection.

Nasty Gal Shuttering Los Angeles Operations With Sale to BooHoo

Online clothing vendor Nasty Gal will be spending the next two to three months winding down its Los Angeles operations after British-based fashion online retailer BooHoo won a $20 million bid to buy the company’s intellectual-property assets, trademarks and customer lists.

BCBGMaxAzria Outlines Store Closing Plan

Los Angeles–based brand BCBGMaxAzriaGroup, which has been weathering some tough financial times lately, has outlined its strategy for closing nearly 400 stores in its retail chain of 570 outposts.

Retail Sales Forecast To Increase in 2017, NRF Says

Business will be good in 2017, according to a forecast released Feb. 8 by National Retail Federation, the Washington D.C. trade group.

Gap Reports Gains

Gap Inc. reported gains after posting sales results for its fourth quarter for its 2016 fiscal year and in January.

January Retail Sales Soar for Some, Plummet for Others

Zumiez Inc., the Lynwood, Wash.–based action-sports apparel and equipment retailer, continued its winning streak with strong retail sales last month. In contrast, Kearney, Neb.–based chain The Buckle Inc. continued to struggle in January. The company reported a 17.2 percent decrease in net sales to $43.9 million in January and a same-store-sales decrease of 17.6 percent.