Silicon Valley–Based EFI Acquires Optitex
Technology
Electronics For Imaging Inc., a printing technology firm based in Fremont, Calif., has acquired Israel-based design software firm Optitex Ltd. for approximately $52.8 million.
New York Men’s Collections
NY Fashion Week
Now in its third season, NY Fashion Week: Mens, held at Skylight Clarkson Sq in Manhattan, featured a mix of established and emerging menswear labels.
FMNC Draws Retailers from Pacific Northwest—and Beyond
Trade Shows
Fashion Market Northern California, the apparel and accessories trade show in San Mateo, Calif., typically draws retailers from across Northern California as well as a few from neighboring states. But during the show’s recent June 26–28 run at the San Mateo Event Center, exhibitors reported seeing buyers from as far away as Pennsylvania and Georgia.
Los Angeles Gift Show Alters Dates Next Year and Moves
Trade Shows
LAMKT, the Los Angeles gift and home market, is moving its more than 200 exhibitors from the South Hall of the Los Angeles Convention Center to The Reef, near downtown Los Angeles.
Daytime Rates Rising to Pick Up Cargo Containers at the Ports
Import/Export
If you want to pick up your cargo containers during the day at the ports of Los Angeles and Long Beach, it will cost you a little more.
Rosenthal & Rosenthal Launches New Division With New Hires
Finance
Rosenthal & Rosenthal, a finance company specializing in factoring and asset-based lending, announced it is starting a new division called Rosenthal Trade Capital to provide alternative inventory-financing solutions to cash-constrained companies.
St John Knits: Searching for the Magic Formula
St John Knits
St. John, the venerable Southern California luxury label that is a staple in many well-heeled shoppers’ closets, has been on an odyssey in recent years.
Niche Suit Maker Jimmy Au’s Leaves Beverly Hills for Sherman Oaks
Jimmy Au’s
There’s only one store in the United States selling suits and gear for the shorter man; it’s Jimmy Au’s for Men 5’8” and Under, said Alan Au, company vice president.
Levi's Acquires Einstein's Iconic Leather Jacket
Fashion for a Genius
For its archives, Levi Strauss & Co. garners the winning bid for Albert Einstein's brown leather Cossack jacket.
Combat Gent Opens First Retail Store in Santa Monica
Retail
After being online for four years, Combatant Gentleman is opening its very first retail store in Santa Monica Place.
U.S. Port Traffic to be Uneven for Back-to-School and Holiday
The nation’s ports are expected to see up-and-down import cargo volumes for the rest of the year as retailers gear up for Back-to-School and Holiday sales.
Obsessee Doesn't Want Your Money
“Your money isn’t good here! We want your social media posts.” This is the mantra of a pop-up shop to produced July 15-17 by the online only media title Obsessee.
Otis Fashion Design School Moving to Westchester
Fashion
Otis fashion design department packing up and moving out of the California Market Center.
June Business Better Than Expected
Retail
For many retailers, there was no June gloom. They did better business than what many Wall Street analysts predicted.
Retailers Increasingly Shifting Over to E-Commerce
Retail
If you can’t beat ’em, join ’em. That is becoming the popular mantra of retailers as the industry goes through a revolution, according to Marc Heller, president of CIT Commercial Services, a division of CIT Group Inc. in New York.
Fraser Ross Files Suit Against Attorneys for Malpractice Over Kitson’s Demise
Retail
Retailer Fraser Ross filed a lawsuit for legal malpractice and breach of fiduciary duty against Los Angeles law firm Jeffer Mangels Butler & Mitchell LLP in Los Angeles County Superior Court on July 1.
