EVENTS
Sanctuary Enters Owned Retail With Beverly Hills Flagship
By Alexandra Romero, Contributing Writer | March 6, 2026
After nearly three decades as a wholesale- and D2C-driven contemporary label, Sanctuary has entered owned retail with the debut of its first flagship, on Beverly Drive in Beverly Hills, Calif., on Feb. 27.
Gap Inc. Reopens NYC Office After Coronavirus False Alarm
Gap Inc. reopened its corporate office in Manhattan’s Tribeca neighborhood after reports of an employee being diagnosed with coronavirus proved inaccurate, according to Bloomberg March 10.
L.A. Sneaker Resale Grows Bigger With The Laboratory
Los Angeles is a hub for the skyrocketing market of high-end sneaker consignment shops, and the market recently got bigger.
Will James Perse Design a Robertson Revival?
The James Perse brand is scheduled to open its highly anticipated furniture and home flagship and café this month within an 11,000-square-foot emporium on 141 N. Robertson Blvd. in West Hollywood, Calif.
H&M’s Daniel Kulle to Lead Forever 21
Just a few days after the bankrupt retailer Forever 21 was acquired by a new ownership group, Daniel Kulle, a veteran fast-fashion executive, was tapped to lead the Los Angeles–headquartered company as its chief executive officer.
PacSun Opens Landmark Store in DTLA, NYC to Follow
Once one of the leading mall retailers, Pacific Sunwear of California is opening two standalone landmark stores, it was announced on Feb. 25.
Tilly’s Names New Chief Digital Officer
Tilly’s Inc., a multibrand, casual-clothing retailer, named Jon Kosoff as its chief digital officer on Feb. 24. He will direct the Irvine, Calif.–based company’s e-commerce business.
Vans Opens L.A. Fashion District Flagship for Locals and Global Visitors
The cradle of the sport and lifestyle of skateboarding is located in Los Angeles’ Venice section, Santa Monica, Calif., and parts of Orange County, Calif. But Vans, the Costa Mesa, Calif.-based brand credited for making the first skateboarding shoe, chose downtown Los Angeles’ fashion district as the location for its new flagship concept store.
L.A. and California Economy Strong, But Might Take Small Hit from Coronavirus
California and Los Angeles County are forecasted to enjoy moderate yet sustained growth throughout the next two years, according to a Los Angeles County Economic Development Corporation forecast released on Feb. 19.
Forever 21 Acquired by ABG, Simon and Brookfield
Forever 21 is now owned by the Authentic Brands Group, the Simon Property Group and Brookfield Property Partners, it was announced on Feb. 19.
Mall Giant Simon Acquires Taubman for $3.6 Billion
Simon Property Group and Taubman Centers Inc., two titans of the American mall market, will join forces in a deal where Simon acquires Taubman for $3.6 billion or $52.50 per share, it was announced Feb. 10.
Week In Review
The Week in Review
Forever 21 Bankruptcy Names Stalking Horse Bidders
The Simon Property Group and Brookfield Properties have joined forces to acquire the assets of their bankrupt tenant Forever 21 Inc.
Macy’s Plan Calls for New Direction and Closing 125 Stores
Macy’s Inc. outlined sweeping changes on Feb. 4 that called for the elimination of 2,000 jobs and the closure of 125 stores over the next three years, said Jeff Gennette, the giant retailer’s chairman and chief executive officer.
Vans Opens L.A. Fashion District Flagship for Locals and Global Visitors
The cradle of the sport and lifestyle of skateboarding is located in Los Angeles’ Venice section, Santa Monica, Calif., and parts of Orange County, Calif. But Vans, the Costa Mesa, Calif.–based brand credited for making the first skateboarding shoe, chose downtown Los Angeles’ fashion district as the location for its new flagship concept store.
