By Deborah Belgum | April 16, 2015
In the last year, gas prices in California have fallen 26 percent and the state’s unemployment rate has shrunk 1.3 percent, but skittish shoppers are still acting like there is a recession.
Many know Joyce Eisenberg-Keefer as the force behind The New Mart building, recently made a donation of $15 million to the Los Angeles Jewish Home.
Los Angeles–area menswear maker James Campbell Brands has been acquired by New York–based Hampshire Group Ltd. from Maverick J LLC, a Rick Solomon Co.
According to press reports, American Apparel has hired lawyers Skadden, Arps, Slate, Meagher & Flom LLP to provide restructuring advice on $206 million it owes bondholders.
Bleu/Rod Beattie has been sold by New York swimwear manufacturer A.H. Schreiber Co. to Amerex Group.
California’s economy next year should be on a positive path, growing slightly more than the U.S. economy as the housing market and other industries forge ahead and grow, according to a recent economic forecast released by the Los Angeles County Economic Development Corp.
Bebe Stores Inc. is just a year into its turnaround campaign, but media reports indicate that the publicly traded contemporary retailer is investigating a sale and going private.
Financial experts weigh in on how apparel manufacturers will fare in 2014 and what challenges to expect in the months ahead.
Extreme weather made the traditionally low sales month of January even tougher for retailers. However, businesses rallied, said the International Council of Shopping Centers, and sales increased 3.5 percent, according to its tally of comparable-store sales.
Apparel manufacturers and clothing stores are taking stock of 2013 and shaking their heads.
Cherokee, the Sherman Oaks, Calif., company that has a stable of brands that include Cherokee, Carole Little, Liz Lange and Sideout, bought skateboard-centric brands Tony Hawk and Hawk from Quiksilver in a deal that closed on Jan. 10.
After more than two decades of being a public company, The Wet Seal Inc., based in Foothill Ranch, Calif., might go private.
The editors of California Apparel News look at the top indicators for the past year to distill the industry’s recovery by the numbers.
Los Angeles blue-jeans company Not Your Daughter’s Jeans has been sold to a group of New York investors in a multi-million-dollar deal that closes in early January.
Some very big apparel deals went down this year with half of them involving some important names in the premium-denim arena.