GMAC Completes Majority Share Sale to Cerberus

Private investment firm Cerberus Capital Management LP and other investors completed the purchase of a 51 percent stake in General Motors Corp.’s financial unit, GMAC, for about $14 b...

N.Y. Label Vermani Relocates to Orange County

Designer label Vermani Collezioni has relocated from New York’s bustling garment district to the suburban sprawl of Irvine, Calif., in a move made to speed up its production pipeline....

Online Apparel Shopping Supersizes

Levy-Tsedek Joins IDB's L.A. Branch

Mordekhay “Moti” Levy-Tsedek has been named vice president and manager of the Israel Discount Bank’s downtown Los Angeles branch on Figueroa Street....

New Looks for Metal Sounds

It’s Black Sabbath versus the mutant Iron Men....

Villains Bets on the Dinosaur

Randy Brewer thought he had seen it all when it comes to T-shirts in the more than nine years of working as general manager/buyer for San Francisco boutiques Villains and Villains Va...

Bebe's Neda Mashouf Resigns

Neda Mashouf, vice chair of the board of Bebe Stores Inc. and one of the majority shareholders of its stock, recently resigned from the board and from the company, which is headquartered in t...

Retail Cheer: Tips for a Profitable Holiday

These are the times that can make or break a retailer....

Where Does Fashion Fit in Black Friday?

Black Friday has been called the Super Bowl of shopping. But is the Friday after Thanksgiving, the traditional start of the Christmas shopping season, specifically a fashion event?...

Jared Gold Plans National Retail Rollout

Designer Jared Gold celebrated the opening of his third and fourth Black Chandelier retail stores in Salt Lake City with a pre-opening runway show and party held Nov. 17 at ...

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Loehmann's Comes to Burbank

Brooklyn, N.Y.–based off-price retailer Loehmann’s has signed a lease to occupy a 25,000-square-foot store at the Burbank Town Center next spring, reported center owner Crown ...

Henry III: Focusing on Fit and Philanthropy

Getting the right-fitting pair of jeans has always been a challenge for retailers and their customers. The designers behind Dallas-based Henry III Generation think they have found a solution....

Fifth Round in U.S.-Korea Free Trade Agreement Talks Start

Apparel and textile groups are hoping that the next U.S.-Korea Free Trade Agreement negotiations will iron out a few disagreements between the two countries....

Quiksilver's Trip to Mexico

Huntington Beach–based surf giant Quiksilver has formed a joint venture with PBM International to market, sell and distribute Quiksilver- and Roxy-branded merchandise in Mexico. The joint venture will ...