IMPORT & EXPORT
By Deborah Belgum | February 15, 2018
With wages going up and unemployment going down, shoppers are expected to continue hitting the stores, which means more imports will be coming in by the boatload.
Good news about December’s business rolled in as retailers reported sales for the last month of 2017 as well as earnings from their holiday sales, which also included November.
Austin, TX.–headquartered Outdoor Voices has been in a California mood lately.
Starting off the New Year means getting to know the new laws recently passed by the state Legislature. Most of them go into effect on Jan. 1.
Shoppers this season did their research before hitting the malls and retail streets such as Rodeo Drive, in Beverly Hills. The result was that holiday sales were the best since 2011.
Swedish label Acne Studios made headlines in 2013 for placing a risky bet on downtown Los Angeles when it opened a 5,000-square-foot emporium on the corner of Ninth Street and Broadway in the Fashion District.
Last fall, Paris-headquartered womenswear brand Ba & Sh opened a handful of boutiques on the East Coast. Now it is getting ready to unveil a new store in Beverly Hills, Calif.
August Getty first launched his collection of red-carpet gowns and women’s eveningwear with his Spring/Summer 2015 collection.
The retail realm has seen a dramatic change this year, with more than 6,000 outposts shutting their doors and shopping malls blowing up their footprints to redesign their centers in an effort to appeal to millennial shoppers.
Raised in Los Angeles hopes to build a lifestyle brand starting with a unique logo and an array of T-shirts, hoodies, caps and sweatpants with a different vibe.
Peter Wilhelm, the recently named chief financial officer of Caruso, has seen his career go from the realm of sports to the world of shopping centers.
There are two retail sectors outperforming every other category in retail: luxury and off-price.
Charlotte Russe, the San Francisco–based teen retailer that got a lifeline by restructuring its debt without filing bankruptcy, is now headed for a tough time as it tries to convince shopping-mall owners to give it a break on store rents.
2017 Retrospective: Retailers Starting to Emerge From Their Shells and Look for New Outposts in Los Angeles
During the first half of the year, retailers were still in a cautious mood and on the fence about setting up new shops on some of Los Angeles’ prime shopping streets.
Retailers in Ventura, Santa Barbara and parts of Los Angeles counties were spared significant property damage from major fires ravaging the areas. However, some had to temporarily close stores and cut business hours due to poor air quality and shoppers not being able to travel.
Gap Inc. has been on shaky ground in the past, but the company has seen four consecutive quarters of positive same-store sales as executives redefine the retailer’s merchandise and strategies.