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Third-Quarter Revenues Slip for American Apparel

By Deborah Belgum | February 2, 2016

Just days after American Apparel was cleared to exit bankruptcy, the troubled Los Angeles clothing maker filed its third-quarter earnings results showing the company is bleeding money.

Letter to the Editor: Charney Responds to the Bankruptcy Court Decision

Dov Charney Responds to the Bankruptcy Court Decision

L.A.–Based Brentwood Associates Buys Boston Proper

Boston Proper, the multichannel retailer owned by Chico’s FAS Inc., has been acquired by Los Angeles–based private-equity investment Brentwood Associates for an undisclosed amount.

Holiday Sales Not as Robust as Expected

The results are in. Holiday sales are up 3 percent over last year.

Finance One’s Shanghai Office Assists Local Importers, Provides Networking Services

Finance One opened its first international branch last fall in Shanghai after a five-year process to secure new business partners in China and ensure that the Los Angeles–based factor has done its due diligence regarding international laws and regulations for overseas trade and financing.

Retailers Face a Challenging Year in 2016 as U.S. Economy Chugs Along

Financial gurus and pundits agree that 2016 will probably be an economic twin of 2015. There will be slow but steady growth and unemployment will remain low.

CIT Group Appoints New President of CIT Commercial Services

CIT Group Inc., a provider of commercial lending and leasing services, announced that Marc Heller will be the new president of CIT Commercial Services, a major factor in the apparel industry.

Iconix Being Investigated by SEC

Iconix Brand Group, which owns a number of labels started in California, announced on Dec. 28 it received a formal order of investigation from the Securities and Exchange Commission.

2015: Year in Review

2015: Year in Review

2015 Economic Retrospective

As 2015 draws to a close, the editors of California Apparel News take a look at several key economic indicators to assess how California’s fashion industry navigated the slowly recovering economy over the past year.

American Apparel Hits Financial Headwinds

The largest clothing factory in the United States had a mountain of debt that pushed it into bankruptcy court in October, filing for Chapter 11 protection.

Newsmakers 2015

Newsmakers 2015

The people and events that made the news in 2015.

Newsmakers 2015: Joe’s Jeans Undergoes a Metamorphosis

It was a topsy-turvy year for Joe’s Jeans, the Los Angeles premium-jeans maker launched in 2001 by designer Joe Dahan.

Growing Economy Will Lead to Rising Interest Rates Soon

The long-awaited moment may be here. The U.S. government is expected to boost federal interest rates this month.

LA Private-Equity Firm Buys Specialty Store Chain

Classic styles with a touch of fashion have been the mainstay of J.McLaughlin, a small specialty-store chain founded in New York by two brothers in 1977.

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