Downtown Center BID Reports Dynamic Resurgence of Retail
Back in school you were probably drawn to math or, well, anything else. But the numbers for downtown Los Angeles are certainly compelling. The district generates $5 billion in annual revenue from 743...
View ArticleInflation, the Supply Chain and What It Means for Manufacturing
The three biggest challenges facing the industrial sector today are labor, supply chain and uncertainty of where we are and where we are going, according to panelists at a Nov. 10 webinar hosted by the...
View ArticleNAIER Facilitates Giving for Overstocks and Excess Inventory
’Tis the season for generosity and goodwill, and the National Association for the Exchange of Industrial Resources is a pioneering organization that would be thankful for your excess inventory donations.
View ArticleRepublic Business Credit Acquired by Renasant Bank
Renasant Bank closed 2022 with the announcement that it has acquired Republic Business Credit, formally known as Continental Republic Capital, in an all-cash transaction.
View ArticleAs Manufacturers, Retailers, Consumers Enter With Caution, What Will 2023...
With lackluster holiday 2022 sales signaling a slowdown in consumer spending on goods, what new challenges can the apparel industry expect, and how can businesses in this sector navigate the resulting...
View ArticleWhat kind of chess game is USTR playing?
It’s World Trade Month—and a great time of reflection for the U.S. Trade Representative, Ambassador Katherine Tai.
View ArticleOtis College Report on the Creative Economy Holds Hope and Opportunity for...
There’s one primary energy that makes everything in the universe work, and that’s creativity. For what is the world but the most amazing and miraculous creation?
View ArticleITA’s Fashion ‘Road Show’ to Culminate in Dallas
“Spaghetti Western” is a term for low-budget cowboy movies made in Italy 50 years ago—several of which became cinematic classics—and now Italy and Texas are joining forces...
View ArticlePort of L.A. Receives Infusion of Grants for Infrastructure Upgrades
Supply-chain woes may disappear like last year’s fashions thanks to a grant injection from state government to improve the Port of Los Angeles...
View ArticleTaking Eco Transparency Into Account When Considering Financing
Ecological and ethical influences have reached every area of fashion and apparel. Abiding by greener apparel guidelines requires brands to remain transparent by revealing each step...
View ArticleGap Inc. Appoints Chris Blakeslee as Athleta President and CEO
Gap Inc. has chosen Chris Blakeslee to lead its Athleta brand as the label’s next president and CEO, an appointment that is effective Aug. 7.
View ArticleInventory Doesn’t Age Like Fine Wine and Other Financial Wisdom
Fashion never stands still—in fact, nothing in the world does. And the best-designed garments sitting in a warehouse are like flowers blooming where they can’t be seen, their life cycle fading in the...
View ArticleUCLA’s Anderson Forecast Delivers Good News
Nothing’s more welcomed these days than surprise good news. And that’s what came in the latest UCLA Anderson Forecast—the prominent economic report put out by the University of California Los Angeles’...
View ArticleNRF Forecasts Consumer Holiday Spending to Exceed $957B
The National Retail Federation forecasted 2023 consumer holiday retail spending will reach between $957.3 billion and $966.6 billion, reflecting 3 to 4 percent growth over 2022.
View ArticleAn Opportunity for Greater Opportunity Around the World—Through Smart Trade
For the past decade in particular, U.S. apparel and footwear companies have been intensely focused on sourcing diversification. As U.S.-China and related geopolitical tensions increase, the momentum is...
View ArticleNRF Releases Initial Thanksgiving Holiday Shopping Report
From phenomenal to lackluster, retailers recount differing experiences over the long Thanksgiving shopping weekend. That’s where the National Retail Federation steps in with big-picture stats and...
View ArticleLos Angeles’ Major Shopping Destinations Welcome the Winter Holidays
Many of Los Angeles’ most popular retail centers held events throughout November to mark the beginning of the 2023 holiday season...
View ArticleWOCF Closes $25M Deal With Cold-Weather Apparel Company
White Oak Global Advisors is a leading alternative debt manager specializing in originating and providing financing solutions to support small and middle-market enterprises at every stage of their life...
View ArticleFashion Seeks Financial Relief From the Fed in 2024
California Apparel News asked industry leaders: When thinking about the potential for the Federal Reserve to cut rates in 2024, thereby moving inflation closer to the agency’s 2 percent goal, what does...
View ArticleA Shipping Tipping Point
2024 is starting off with a bang. The daily attacks on ships in the Red Sea, the most severe drought in the history of the Panama Canal, the looming expiration of the East and Gulf Coast ports...
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