CFF Hosts 72nd Annual Christmas Party for Kids
Events
More than 250 Los Angeles kids got holiday gifts from the California Fashion Foundation on Dec. 11 at the penthouse of the Cooper Design Space in downtown Los Angeles.
Economic Forecast Improves After Solid Year, UCLA Said
Finance
On Dec. 4, the influential UCLA Anderson School of Management raised its 2020 forecast for the U.S. and California economies from 1 percent real growth to 1.7 percent due to low unemployment and high consumer confidence and spending.
During a Year of Bankruptcies, Retailers Find Risk & Opportunity
Retail
Bankruptcies and store closures spiked in 2019, and some retailers hoped bankruptcy could give them an edge during a year when many thought the chips were down for retail.
Copyright and Labor Fashion Cases Reach Supreme Court
Legal
Issues in copyright and labor kept lawyers busy in 2019; however, the Los Angeles case that made the most headlines was a streetwear brand that brought its case to the U.S. Supreme Court.
Tact & Stone Looks for Boundaries to Push in Fashion & Sustainability
Sustainable Tact & Stone
Sustainability commands increasing interest from the business world. A novice in the field, Landon Nash vowed that his new apparel line, Tact & Stone, would serve as an engine to innovate in this burgeoning category.
Fashion District’s Sparkle Factory Building Finds New Life With Tarina Tarantino
Retail
After a four-year hiatus from running a bricks-and-mortar boutique on Los Angeles’ Melrose Avenue, designer Tarina Tarantino has opened a self-named Tarina Tarantino boutique in downtown Los Angeles.
FaZe Clan Forecast Big Biz With Active Styles for Video Gamers
FaZe Clan Activewear
Professional e-sports competition over video games such as Fortnite is hitting the big time. It attracts investments from owners of major-league sports teams; competitions are viewed by millions of people across the globe; and for the Los Angeles–based e-sports team FaZe Clan, fashion is becoming a big deal.
Looking Back on 2019, As Apparel Industry Prepares for 2020
Finance
Over the course of 2019, financial uncertainty subsided a bit as consumers set new records on spending and economic forecasters revised initial predictions in favor of increased optimism through the end of the year. Despite a continuing conflict with China and potential tariff issues with other trade partners, the United States economy saw bright spots.
Mergers and Acquisitions Strengthen Businesses and Save Brands
Finance
During 2019, a consistent trend within the apparel industry took shape not just on the fashion front but also the business end of garment making.
An Air of Enchantment Makes Fall 2020 Magical for Monique Lhuillier
Falling for Fantasy
A magical fashion season is on the horizon for next year, according to Monique Lhuillier, who recently introduced her whimsical Fall 2020 collection of ethereal garments.
Pierre Cardin, Zandra Rhodes Honored at 6th Annual CinéFashion Film Awards
The 6th Annual CinéFashion Film Awards were presented at the Saban Theater in Beverly Hills on Dec. 9.
Rose Queen & Her Court Walk Macy’s Pasadena
The Rose Queen and her Court do not assume their official duties of riding on a float for the 131st Rose Parade until New Year’s Day.
Ron Robinson Kicks Off Holiday With Happy Ending Party & Bids Farewell to Bricks-and-Mortar
Ron Robinson threw a festive holiday season kickoff on Dec. 5. But this party, had a bittersweet note. It marked the last time the Ron Robinson company would run a bricks-and-mortar store.
Lenzing Announces First Virgin Lyocell From Post-Consumer Cotton
Closing Lyocell’s Loop
After the September announcement of an upgraded Refibra technology that increased upcycled cotton-scrap pulp composition, Lenzing, Austria–headquartered Lenzing revealed another advancement with the product.
Black Friday Weekend Sales Breaks Records
Booming Black Friday
Black Friday shopping broke records, according to the National Retail Federation. In a Dec. 3 conference call, the Washington, D.C., retail trade group said that 189.6 million U.S. consumers shopped during the Black Friday Weekend.
Allbirds Expands Into Slipper Category
Manufacturing
Following a number of holiday product launches spanning the weekend of Black Friday through Cyber Monday, Allbirds is now preparing to release its first slipper, keeping shoppers interested as the holiday gift-purchasing timeline decreases.
LVMH Acquires Tiffany & Co.
Retail
In what is being called the biggest deal in the history of the luxury-goods market, Paris-headquartered LVMH Moët Hennessy Louis Vuitton SE acquired Tiffany & Co. for $16.2 billion, it was announced Nov. 25.
After Sale, Agenda To Be Directed by Shellman
Trade Shows
After six years of running Agenda, Reed Exhibitions has sold the streetwear-focused trade show for an undisclosed amount to AZTQ Corp., a Toronto-headquartered show producer that started business in 2019.
