FINANCE

Rosenthal & Rosenthal Launches New Division With New Hires

By Deborah Belgum | July 14, 2016

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.

Coolibar Acquired by California Company

Minneapolis-based sun-protective apparel and accessories maker Coolibar Inc. has been acquired by Olivarius Hospitality California, a Santa Barbara, Calif.–based company owned by Olivier Leclercq.

Mid-Year Financial Review: Retailers Take on a New Attitude as Economy Slows

As consumers continue to adjust their buying habits and purchase less on apparel, retailers are tweaking their business models to keep shoppers coming through the doors.

California Consumers Plan to Buy More Big-Ticket Items

California consumers might be feeling a little more pessimistic about the economy right now, but the future looks a bit brighter.

California’s Economy Charts Positive Growth Through 2018

Job gains and slow steady growth are the path for the country and California for the next few years, according to economists at the UCLA Anderson School of Management.

Express Trade Expands Team With 1st SVP Appointment

Express Trade Capital Inc. named Ignatius “Nat” Marotta as first senior vice president for the New York–based finance company, which specializes in trade finance, factoring and purchase-order financing.

Feedback on Chargebacks: Stage Stores VP Offers Advice for Avoiding Chargebacks

At a recent event in Los Angeles, Stage Stores executive Kenneth J. Lettre offered some words of advice for avoiding chargebacks.

Retailers Go Back to the Drawing Board to Draw in Consumers

As consumers alter their buying patterns, developers across the country are blowing up shopping centers and redrawing their mall maps to give more real estate to restaurants, nail salons and gadget stores and less square footage to clothing outposts.

California Approves Highest Minimum Wage in the Country

By 2022, California will be the state with the highest minimum wage in the country, making it an expensive place to do business.

Interest Rates to Rise This Spring as Economy Improves

UCLA Anderson Forecast predicts that the U.S. economy will grow moderately in 2016 and 2017.

Republic Business Credit Taps Fred Gaylord

Republic Business Credit announced it has hired Fred Gaylord as senior vice president of sales and marketing.

What Consequences Would Raising Tariffs Have on the Apparel Industry?

In the whirlwind of election-year debates, some politicians have been taking a protectionist attitude and threatening to raise U.S. tariffs and erect trade barriers.

Man Who Embezzled From Citizens of Humanity Pleads Guilty

The man who oversaw a scheme to embezzle $8 million from a commercial laundry house owned by Citizens of Humanity pleaded guilty to federal charges, according to the U.S. Attorney’s office.

California and Nation to See Continued Economic Growth

The latest LAEDC economic forecast calls for continued growth in California and the rest of the country.

What Does an Economic Shift Mean for the Factoring Industry?

The global economy started out this year with a whimper, not a bang.

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