
FINANCE
Tukatech and UV Stacks Launch Made-to-Order Division Through Gaiabay
By Dorothy Crouch, Contributing Writer | November 27, 2024
Los Angeles fashion-technology firm Tukatech and India’s UV Stacks have entered into a partnership through which the companies launched a Made-to-Order division of global marketplace Gaiabay.

NRF Releases Initial Thanksgiving Holiday Shopping Report
From phenomenal to lackluster, retailers recount differing experiences over the long Thanksgiving shopping weekend. That’s where the National Retail Federation steps in with big-picture stats and numbers that put everything in perspective.

An Opportunity for Greater Opportunity Around the World—Through Smart Trade
For the past decade in particular, U.S. apparel and footwear companies have been intensely focused on sourcing diversification. As U.S.-China and related geopolitical tensions increase, the momentum is even stronger...

NRF Forecasts Consumer Holiday Spending to Exceed $957B
The National Retail Federation forecasted 2023 consumer holiday retail spending will reach between $957.3 billion and $966.6 billion, reflecting 3 to 4 percent growth over 2022.

UCLA’s Anderson Forecast Delivers Good News
Nothing’s more welcomed these days than surprise good news. And that’s what came in the latest UCLA Anderson Forecast—the prominent economic report put out by the University of California Los Angeles’ Anderson School of Management—which is cheerfully titled, “The Unexpected Robust Economy.”

Inventory Doesn’t Age Like Fine Wine and Other Financial Wisdom
Fashion never stands still—in fact, nothing in the world does. And the best-designed garments sitting in a warehouse are like flowers blooming where they can’t be seen, their life cycle fading in the dark.

Gap Inc. Appoints Chris Blakeslee as Athleta President and CEO
Gap Inc. has chosen Chris Blakeslee to lead its Athleta brand as the label’s next president and CEO, an appointment that is effective Aug. 7.

Taking Eco Transparency Into Account When Considering Financing
Ecological and ethical influences have reached every area of fashion and apparel. Abiding by greener apparel guidelines requires brands to remain transparent by revealing each step...

Port of L.A. Receives Infusion of Grants for Infrastructure Upgrades
Supply-chain woes may disappear like last year’s fashions thanks to a grant injection from state government to improve the Port of Los Angeles...

ITA’s Fashion ‘Road Show’ to Culminate in Dallas
“Spaghetti Western” is a term for low-budget cowboy movies made in Italy 50 years ago—several of which became cinematic classics—and now Italy and Texas are joining forces...

Otis College Report on the Creative Economy Holds Hope and Opportunity for L.A.’s Fashion Industry
There’s one primary energy that makes everything in the universe work, and that’s creativity. For what is the world but the most amazing and miraculous creation?

What kind of chess game is USTR playing?
It’s World Trade Month—and a great time of reflection for the U.S. Trade Representative, Ambassador Katherine Tai.

As Manufacturers, Retailers, Consumers Enter With Caution, What Will 2023 Bring?
With lackluster holiday 2022 sales signaling a slowdown in consumer spending on goods, what new challenges can the apparel industry expect, and how can businesses in this sector navigate the resulting economic hurdles?

Republic Business Credit Acquired by Renasant Bank
Renasant Bank closed 2022 with the announcement that it has acquired Republic Business Credit, formally known as Continental Republic Capital, in an all-cash transaction.

NAIER Facilitates Giving for Overstocks and Excess Inventory
’Tis the season for generosity and goodwill, and the National Association for the Exchange of Industrial Resources is a pioneering organization that would be thankful for your excess inventory donations.

Inflation, the Supply Chain and What It Means for Manufacturing
The three biggest challenges facing the industrial sector today are labor, supply chain and uncertainty of where we are and where we are going, according to panelists at a Nov. 10 webinar hosted by the New York–based U.S. national accounting and advisory firm Marcum LLP.