For nearly a decade, interest rates have remained near zero, meaning it was very inexpensive for businesses to borrow money. But those sunny days may be over. Twice this year, the Federal Reserve has raised the prime rate, and it is expected to do so again later this year.
In the latest saga in the bankruptcy case of BCBG Max Azria Group, a federal judge has denied Lubov Azria’s attempt to receive nearly $7 million in lost wages and a payout known as a golden parachute.
REI is taking over a former Sports Authority store that has been closed since Sports Authority went bankrupt last year.
With a new president in the White House, U.S. fashion manufacturers and retailers said their biggest concerns this year are about new trade barriers going up that would restrict apparel imports.
The introductory video on the Tianello website talks about how the Los Angeles clothing maker’s collection of Tencel and silk tops lovingly passes through 100 hands before ending up in someone’s closet.
For a couple of days, the lobby at the California Market Center looked like a big party.
Erewhon Market is expected to open in the next few years in a hot spot in DTLA.
The unveiling of the Nordstrom Rack at Fig@7th will be this fall.
Henry Cherner, a Los Angeles pioneer in software programs for the fashion industry and an apparel industry veteran, passed away suddenly from a heart attack on Sunday. He was 66.
Trim models swiveled from front to back to show off the newest bikinis and one-piece suits created by swimwear designers. Serious buyers on the hunt for the latest in poolside fashions crowded into booths as an explosion of colorful prints and solid colors ran across the ballroom that housed the latest Swim Collective in Huntington Beach, Calif.
Protectionist talk may be in the air, but imports are still arriving at our doors.
LA designer Trina Turk puts her touch on the cabanas surrounding the pool at the W Los Angeles.
As operations wind down at the bankrupt BCBG Max Azria Group, nearly 500 layoff notices have gone out to employees of the contemporary brand founded in Los Angeles nearly 30 years ago.
Protectionist talk may be in the air, but imports are still arriving at our doors. With the U.S. economy in its eighth year of recovery, cargo container volumes at the nation’s ports are expected to be at an all-time high as retailers head into the Back-to-School season.
By day, Jessi Taylor is an executive assistant at a Los Angeles advertising company. By night she is a swimwear designer who makes her own patterns and sews her own swimsuits—one by one—for her line called Horizon Swim.
When Mireya de Andrés told her parents she was quitting her banking job in Geneva, Switzerland, to start a fashion line, they thought she was crazy. Fashion seemed to be on the flip side of the finance world.
Two big television shopping cable networks will now be one.
Patagonia, the California outdoor-apparel company known as one of the first U.S. clothing companies to embrace the environment, is taking bikini and boardshorts production to a new level.
Retail sales are inching forward this year with a strong nudge by online purchases fueled by millennials who prefer shopping on their smartphones and computers.
True Religion, once a high-flying premium denim brand so popular its blue jeans were constantly being knocked off by counterfeiters, filed for Chapter 11 bankruptcy protection on July 5 in U.S. Bankruptcy Court in Delaware.
Event coming up to buy shoes on sale by Right Bank Shoe Co. of Beverly Hills.
BedHead Pajamas, the nearly 20-year-old Los Angeles sleepwear company, has been acquired by Komar for an undisclosed price.
A global cyber attack that affected hundreds of companies and their computer systems crippled operations at A.P. Moller-Maersk, the world’s largest container carrier, headquartered in Denmark. Operations returned to close to normal.
Retailers, stuck with cold-weather inventory during a soggy winter, were sticking their heads out of their doors and filling in orders for a better season brought on by fairer weather.
Weddington Way, an online site for bridesmaids dresses and accessories, is opening a physical space inside the Banana Republic in Santa Monica.
You won't have a problem finding a pair of shoes at this outlet store.
Weeks after an offer was made to take BCBG Max Azria out of bankruptcy as a shell of its former self, a U.S. bankruptcy court has approved the $165 million offer.
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.
Look for new Mario Bros.-inspired gear in time for the Holiday season.
The Trump administration wants to beef up the U.S. Trade Representative’s budget by nearly 6 percent, add staff and launch bilateral negotiations with several major trading partners.
Georgia May Jagger hits downtown Los Angeles for unveiling of Volcom collection.
With a Washington, D.C., hearing coming up on June 27 to discuss possible changes to the North American Free Trade Agreement, the U.S. textile industry has put together a wish list of items it would like to see implemented.
Negotiations that started in May lead to a bid that will take the Los Angeles label out of bankruptcy.
The UCLA Anderson Forecast says Trump's prediction of 3 percent GDP growth probably won't happen.
With changes in the North American Free Trade Agreement in the wind, Los Angeles blue-jeans factories have been fielding more inquiries from denim labels thinking about switching production from Mexico to California.
LA Fashion Market
June market in Los Angeles is typically a quiet affair with buyers arriving to wrap up Fall orders and start looking at Holiday goods. Sandwiched between the larger Fall markets in March and the massive Las Vegas trade shows in August, June tends to draw lighter traffic comprised of mostly regional buyers.
After closing all 168 stores, Bebe sells distribution center and now wants to get rid of its LA design studio.
In an effort to cut production costs, St. John Knits is laying off 130 workers effective on June 26.
Weeks after raising $264 million in a public offering, Emerald Expositions turned around and acquired for $16.4 million the SIA Snow Show, organized by SnowSports Industries America.
More than one year after being forced out of his Los Angeles clothing company, Max Azria has been named chief executive of ZappLight and its parent company, Clean Concept.
The demise of a free-trade agreement between the United States and several Asian countries is breathing new life into the Guatemalan apparel industry.
T-shirt maker Bella+Canvas will have YouTube content change weekly.
More than one year after leaving his Los Angeles clothing company, Max Azria has been named chief executive of ZappLight and its parent company, Clean Concept.
Weeks after raising $264 million in a public offering, Emerald Expositions turned around and acquired for $16.4 million the SIA Snow Show organized by SnowSports Industries America.
LA Fashion District
Every day, seven tons of trash are collected in the Los Angeles Fashion District, up from six tons a day last year.
Shop & Dine
The trade-show season is a year-round circuit that is like a movable feast when it comes to hunting for new styles and fashions.
In 2015, some 747,600 people in California were directly employed in creative-industry jobs, a 13.5 percent increase from 2010, according to the “2017 Otis Report on the Creative Economy of California,” released on May 18 by the Otis College of Art and Design.
Days after being sworn in as the new U.S. Trade Representative, Robert Lighthizer will be traveling to Vietnam to attend a meeting of trade ministers from the Asia-Pacific Economic Cooperation countries.
Trade experts were expecting a free-trade agreement between the United States and Europe to be signed, sealed and delivered by the time Barack Obama left the White House. But things didn’t turn out as planned as the political winds in Europe and the United States shifted recently from pro free trade to increased protectionism.