Kingpins24 Flash Creates Connections for a More-Sustainable Denim Supply Chain
The Kingpins denim-event brand returned with Kingpins24 Flash Feb. 23–24 with a roster of experts representing every facet of the category. Within a trade-event calendar that is rapidly advancing, the concept was representative of Kingpins producing a shorter show between seasons.
A More-Responsible Network Forms Through Sourcing at MAGIC Online
During its second run, Informa Markets Fashion’s Sourcing at MAGIC Online event producers sought to build on a solid foundation for its March 1–May 1 show, focused on bringing together global supply-chain experts and resources to meet the needs of apparel professionals at every level of the industry.
Inside the Industry
Inside the Industry
Moss Adams Evaluates Pandemic World
After a harsh year navigating COVID-19, retailers will be greeted by a robust economy in the third and fourth quarters of 2021, said Frank Kaufman, national practice leader in retail for the accounting and consulting firm Moss Adams.
Klarna Charts a Focus Beyond Fintech With Toplooks Acquisition
The Stockholm-headquartered payments company Klarna entered the United States market in 2015 as part of a wave of fintech companies that offered digital layaway programs. These technologies have been embraced by millennials and Gen Z.
Pandemic Blues Decrease During Recent L.A. Market Week
With COVID-19 vaccinations being rolled out and pandemic restrictions being scaled back, L.A. Market Week took place in downtown Los Angeles March 7–10 with more optimism than has been seen over the past year. While still cautious, showroom buildings in the area’s fashion district, including the California Market Center, The New Mart and the Cooper Design Space, welcomed buyers to stock up on inventory.
Coterie Digital’s Second Run Gives Forum To New and Established Brands
The Coterie trade show for contemporary women’s fashion wrapped up its month-long Coterie Digital marketplace on March 16. It was the second run for the online marketplace.
Saitex, A Sustainability Manufacturing Star, Opens L.A. Facility
Saitex, a Vietnam-headquartered denim manufacturer that has been considered one of the pioneers in sustainable-denim production, recently opened its first United States facility, in Vernon, Calif., an industrial city neighboring downtown Los Angeles, said Sanjeev Bahl, chief executive officer and the company’s founder.
Downtown L.A. Designer Michael Costello Opens Pop-Up Shop
Michael Costello, a "Project Runway" alum and designer who has dressed celebrities such as Beyoncé and Lady Gaga, is getting back into bricks-and-mortar retail.
NuOrder Announces $45 Million in Funding
NuORDER, a Los Angeles-headquartered business-to-business e-commerce platform announced March 10 that it had raised $45 million in a round of funding led by Brighton Park Capital and Imaginary Ventures.
Grammy Winner Nas Flexes Garmento Muscles With HSTRY
Nas won a Grammy Award for Best Rap Album on March 14 and he also is flexing his garmento muscles.
Poshmark Announces William Ingham as First Chief People Officer
Social marketplace Poshmark announced the appointment of William Ingham to fulfill the company’s new role of chief people officer.
August Getty Unveils Tinitus, a Virtual Couture Installation
Many runway shows went virtual during the COVID-19 pandemic and August Getty, a designer who started his career in Los Angeles, has taken digital fashion events a step further.
Tailored Brands Closes $75 Million in New Investments as for Post-Pandemic Plans
Omni-channel specialty menswear retail giant Tailored Brands, Inc., announced its closure of $75 million in new financing as it positions its brands, Men's Wearhouse, Jos. A. Bank, Moores Clothing for Men and K&G Fashion Superstore, for post-pandemic business.
Public Nominations Open for Vans’ Foot the Bill Small-Business Financial-Support Program
Action-sports brand Vans is again showing financial support for the small businesses that have been negatively impacted by the COVID-19 pandemic, as it widens the reach of its Foot the Bill program.
