Otis and MAGIC
MAGIC International will fund a $25,000 grant for design students at Otis College of Art & Design and will spotlight several students’ designs at the February trade show in Las Vegas. The grant has...
Isenberg, Sides to Open Street-Level Showroom
Two major showrooms are hitting the street in downtown Los Angeles’ Fashion District....
CIT Buys HSBC's Factoring Division
Livingston, N.J.–based CIT Group Inc., a leading global source of factoring and financing for apparel businesses nationwide, has acquired all of the U.S. factoring assets and liabilities of H...
Kim to Serve as President of ACAC
Industry veteran Sam Kim has been elected the 2004 president of the Apparel Contractors Alliance of California (ACAC), the umbrella association of the Amer...
Bauer's California Closures
The Spiegel Group, based in Illinois, will shutter three of its Eddie Bauer stores in California as part of the company’s Chapter 11 bankruptcy reorganization, which will include the closure of 29 of the company’s 469 ...
SARS Doesn't Scare Away California Cos.
Despite the reappearance of a new confirmed case of severe acute respiratory syndrome, West Coast apparel companies are not curtailing their plans to travel to Asia...
Lectra Acquires Investronica in $65m Deal
Paris-based technology provider Lectra has acquired the number-three player in the CAD/CAM market, Investronica Sistemas, for $65.4 million (51.5 million euros) in cash, stock and debt. The ...
Freeborders and Marc Jacobs in Software Deal
Marc Jacobs International LLC will employ the Product Lifecycle Management suite from San Francisco–based Freeborders Inc. to increase supply-chain efficiency....
Last-Minute Spending
Holiday spending was up this season—at least the spending that was put on plastic, according to Visa USA, which found that total spending between Nov. 28 and Dec. 28 increased 14.2 percent over the same period...
T-Shirt Maker Moves West
Alternative Apparel, maker of branded and private-label blank T-shirts and headwear for men and women, is heading for a $50 million expansion out West....
TJX Buys Bob's
Framingham, Mass.–based retailer The TJX Cos. Inc. has completed the acquisition of Connecticut-based Bob’s Stores, a discount retail chain with outlets in the Northeast, for about $59 million. The purchase includes Bo...
New Hires at Beau Dawson and Tyte
Los Angeles–based better misses and juniors apparel manufacturer 4Whatitsworth Inc. has hired a new team to boost recognition of its brands Beau Dawson and Tyte, acc...
Redondo Beach Mall Draws Traffic With Wireless Technology
Attracting shoppers to stores is the oldest retail problem. The South Bay Galleria shopping center in Redondo Beach, Calif., hopes to solve this ancient problem with the latest in high techno...
Leslie Fay Closes
New York–based misses manufacturer Leslie Fay Co. Inc. abruptly shuttered and fired all of its employees. The company emerged from bankruptcy protection in 1997 after an accounting scandal forced the manufacturer to s...
Customs Enforcement Set to Heat Up in '04
If you thought customs officials have been tough on apparel and textile imports, just wait. They’re only going to get tougher in 2004....
