Cargo Container Imports Grow Except in Southern California
Import volumes at most of the nation’s ports are on the upswing as retailers bring the last of their goods in for the holiday season.
Macy’s Looks to Future After 3rd Quarter Stumble
On. Nov. 11, Macy’s Inc. reported a 3.6 percent decline in same-store sales for its third quarter. As a result the giant retailer revised its sales and profit forecast for its Winter Holiday sales in the fourth quarter, which sent retail stocks reeling. Sales for the retail giant’s third quarter were $5.874 billion.
SIMA Image Award Nominees Announced
Surf Industry Manufacturers Association has presented its SIMA Image Awards for 13 years, and on Nov. 11, it announced its slate of award nominees for work done in the past year. Winners will be announced Feb. 11.
Shop & Dine
Hitting the trade-show circuit is a bit of an adventure. If you’re a buyer, it’s all about discovering that new clothing line that will sell through the roof. If you’re a vendor, it’s hoping that retailers love your collection and can’t get enough of it.
New Resource: Mario De La Torre: “For All Women”
A decade after quitting a lucrative banking job to learn the basics of fashion design, Mario De La Torre plans to introduce his namesake women’s contemporary line under the glamour of spotlights.
New Resource: Betro Simone
Stefanie Betro is on the move. In late 2014, she started working on the women’s contemporary clothing collection Betro Simone with Daniel Guez, founder and chief executive officer of BLVD Brands. Before the line was exhibited on the trade-show circuit, the Los Angeles–made line was picked up by select Nordstrom doors and Nordstrom’s e-commerce site, where it continues to be sold.
American Apparel Reports Shrinking Sales in Third Quarter
American Apparel filed for Chapter 11 bankruptcy protection in early October, but it still must report its revenues and earnings for the third quarter, ending Sept. 30. In a preliminary filing, the troubled Los Angeles clothing company said its third-quarter sales plummeted 19 percent to $126 million, compared with nearly $156 million in the same period last year.
MAGIC Marketplace Owner Reshuffles Top Executives in Fashion Group
Nearly one year after UBM PLC acquired California-based Advanstar Communications, the organizer of MAGIC and several other apparel trade shows, UBM is making some significant adjustments to its executive lineup within the fashion group division.
At 10, Tokidoki Finds Business in Collaboration
There’s Mickey Mouse, Bugs Bunny, Hello Kitty and a world of superheroes competing for spaces in our imaginations and on our T-shirts. Los Angeles–based brand Tokidoki recently celebrated its 10th anniversary of carving its own niche in this animated crowd, and the small, private company is looking to grow through a wide arena of collaboration and retail.
Sustainability in Fashion on the Agenda at TEDxLA Event
Members of the apparel industry and consumers with a passion for eco issues and sustainability met recently at The New Mart in Los Angeles for a TEDxLA event organized by LA Beyond the Label.
Shifting More Showrooms Onto One CMC Floor Boosts Business
When Guddi Bedi and her husband, Baljit, moved into their third-floor California Market Center showroom some 15 years ago, they had to pay $50,000 key money just to garner a coveted spot. Now the Bedis’ small Krishma Overseas showroom is surrounded by a vast desert of empty spaces as everyone around them is picking up and moving from the B side of the CMC’s third floor to open spots on the A side.
Wolk Morais Shows Collection 2
Evening gowns with denim, floral jacquard bra tops, mesh neoprene. These were a few looks from the Wolk Morais label’s Collection 2. A runway show for the brand took place on Nov. 9 in West Hollywood, Calif.
Advice for busy trade show attendees
Trade shows offer attendees a wealth of opportunities, from business-to-business seminars and networking functions to the main event—walking trade shows looking for new products and trends. With so much for trade show visitors to do and see, we asked several show organizers how they recommend attendees budget their time at their trade shows.
Jeremy Scott Party for Longchamp
It was anniversary time for designer Jeremy Scott and the French luxury house Longchamp.
AAFA Chief Stepping Down After More Than One Year on the Job
The American Apparel & Footwear Association is looking for a new president and chief executive to take over for Juanita Duggan, who is leaving.
