Scenes from the weekend at The Grove, Westfield Century City, Beverly Hills and downtown.
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Plus, Urban Outfitters Inc. sees $1 billion brands in Nuuly and Free People Movement as CEO Dick Hayne weighs in on AI and machine learning.
The son of Guess Inc. co-founder Paul Marciano is charged with charting a course for the new label aimed at Gen Z and Millennial consumers.
Early Black Friday sales are adding to a year marked by heavy discounting in what’s sure to lead to long-term brand headaches.
Sophia Amoruso’s Trust Fund, whose backers include Marc Andreessen and Paris Hilton, has so far invested in seven companies, some of which have some useful applications for fashion and retail.
Market share gains and progress have been noted. A full revitalization of the brand “is going to take time,” said Gap Inc. President and CEO Richard Dickson.
The Newport Beach brand has promised its “biggest online sale ever” beginning Tuesday as it seeks to clear through inventory.
Can such a mentality work for the surf industry in a world where fashion and retail are truly global?
“Aspirational luxury consumers who were flush with cash 18 months ago, just don’t have the same capacity to spend in the current environment,” said co-CEO and co-founder Mike Karanikolas.
Sources say the L.A. retailer’s iconic Melrose door is also slated for closure this year under parent Sazaby League Ltd.