Market Buzz& Industry News
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Faherty to Abbot Kinney
11/25/2020
Faherty, a beach lifestyle brand, recently opened a shop at 1338 Abbot Kinney Blvd.
Will the COVID Surge Affect Black Friday?
11/25/2020
COVID-19 cases have surged in Los Angeles County, putting the area’s residents and businesses on edge just before Black Friday, the traditional start of the holiday-shopping season.
Coterie Names Courtney Bradarich VP of Events
11/24/2020
The contemporary womenswear trade show Coterie announced the appointment of Courtney Bradarich as its new vice president of events. Coterie is part of the Informa Markets Fashion portfolio.
Nicholas Mayfield Introduces E-commerce, as Second Coachella Collaboration Launches
11/24/2020
Prior to the most-important shopping season of the year, designer Nicholas Mayfield announced his entrance into e-commerce with a new website and a fresh Coachella collaboration celebrating the festival's 20-year anniversary.
Holiday Sales Forecast Strong, According to NRF
11/24/2020
Holiday retail sales will increase between 3.6 percent and 5.2 percent, to between $755.3 billion and $766.7 billion compared to the 2019 holiday season, according to a forecast released Nov. 23 by the National Retail Federation trade group.
For the Holiday Shopping Season, eBay Invests in Small Businesses With Grants
11/23/2020
As part of its Up & Running small-business-accelerator initiative, eBay announced the launch of its Up & Running Grants program to provide aid that will help sellers from the holiday selling season into 2021.
Google Unveils Plex Digital Banking Service
11/23/2020
Technology company Google recently announced a digital banking service called Plex, which it will officially introduce in 2021.
Rodeo Drive Starts Its Holidays With 'Visions of Holiday Glamour'
11/23/2020
Rodeo Drive kicked off its winter holiday season Nov. 21 when the installation “Visions of Holiday Glamour” was unveiled on the luxe street.
Planet Blue to Close Its Bricks-and-Mortar
11/19/2020
Since 1995, Planet Blue has sold swimwear and contemporary, beach-inspired styles with a bohemian edge for women at its bricks-and-mortar stores and on its digital channel, shopplanetblue.com. Earlier this month, the shop announced through email and its social-media channels that it would be closing its 12 physical shops while maintaining an e-commerce presence.
NuOrder Survey Finds Brands Committed to Wholesale
11/19/2020
Produced by NuOrder, a Los Angeles–headquartered wholesale e-commerce platform, the recently released “Future of Wholesale” survey reported that wholesale will continue to be an important market, said Adam Schneider, NuOrder’s chief operations and financial officer.
Railcar Fine Goods Opens New Factory and Headquarters
11/19/2020
After 10 years in business, the denim brand Railcar Fine Goods is gambling on growth.
With Its Latest SustainaSole Collection, Sanuk Unveils Its Eco-friendliest Shoe Yet
11/19/2020
Founded on “good vibes” and promoting a mission of environmental responsibility, the Goleta, Calif., footwear brand Sanuk recently unveiled its second SustainaSole Collection of shoes for men and women.
Despite Challenges, October Retail Sales Increase
11/19/2020
With good news from the retail front regarding October sales numbers, economists are optimistic that consumers, who have been actively shopping—such as those pictured at Commerce, Calif.’s Citadel Outlets—and spending, will continue this momentum throughout holiday 2020.
Port Traffic Up, Port Officials Warn of Trade Imbalance
11/19/2020
The Port of Los Angeles announced that October ranked as the busiest month in its 114-year history. A surge of container traffic also was experienced last month in Northern California, according to a statement released by the Port of Oakland in Oakland, Calif.
The Dawn of New Design Trends as Apparel Consumption Is Reassessed
11/19/2020
The times we’re experiencing—the sign of profound transformation—questions the excess of yesterday and pushes us to take a new look at how we consume. Conscious of society’s upheavals and changes in the environment, we see a return to reassuring, enduring values and a desire for transparency and ethics to help us consume less and better.
High Traffic and Expanded Reach Mark Success for Informa Markets Fashion Digital
11/19/2020
Launched with the wholesale e-commerce platform NuOrder on Sept. 1, Informa Markets Fashion’s digital trade event established itself as a channel integral to the apparel industry’s success.
L.A.’s Matrushka Construction Unveils Limited Line of Bowie-Inspired Pajamas
11/19/2020
David Bowie has long been a cultural touchstone and obsession, and Los Angeles' Matrushka Construction wants fans to cozy up with its pajamas that feature a sketch of the rock star's face.
Dockers Unveils New Store at Citadel Outlets
11/17/2020
Levi Strauss & Co’s Dockers brand opened a 1,801 square-foot shop at the Citadel Outlets retail center on Nov. 13.
Wrangler and Adult Swim Join Forces on 'Rick and Morty' Apparel
11/16/2020
Denim brand Wrangler and animated adult television-programming network Adult Swim recently entered into a collaboration paying homage to the "Rick and Morty" series.