RETAIL

Gap Inc. Reveals Plans for Omni-Channel and Asia Expansion

By Deborah Belgum | April 17, 2014

In the next three years, Gap Inc. hopes its sales in China will reach $1 billion as it expands the number of stores located there and pumps up its omni-channel offerings.

March Sales Mark a Soft Rebound

March retail sales beat Wall Street expectations with a 3.6 percent gain on a year-over-year basis, according to the International Council of Shopping Centers, a leading trade group for the mall industry, but things are still tough for retailers, economists and analysts said.

Fashioning a New La Brea: District La Brea Complex Adds New Retail

Fashioning a New La Brea: District La Brea Complex Adds New Retail

Boutiques for online clothier Bonobos, fashion line Gant Rugger and Undefeated, a streetwear emporium, will open at the District La Brea compound in the next few months. The new shops could bring more retail attention to Los Angeles’ La Brea Avenue.

Stephen Hyman, Co-Founder of Susie’s Deals

Stephen Hyman, Co-Founder of Susie’s Deals

Stephen Hyman, a long-time discount retailer with nearly 40 years in the business, died on April 7. He was 66.

Bronstein Resigns From Wet Seal Board

Kathy Bronstein resigned from the board of directors of The Wet Seal Inc., according to a company announcement on April 7. She had served on the board for the beleaguered company since September 2012 and also served as its chief executive officer and vice chair from 1995 to 2003.

Bonobos, Gant Rugger, Undefeated to District La Brea

Bonobos, Gant Rugger, Undefeated to District La Brea

Boutiques for online clothier Bonobos, fashion line Gant Rugger and Undefeated, a streetwear emporium, will open at the District La Brea compound in the next two months.

Obituary: Hobie Alter, 80

Obituary: Hobie Alter, 80

Hobart “Hobie” Alter, 80, passed away March 29 in Palm Desert, Calif. He was one of the innovators of the sport of surfing and also opened one of California’s first surf shops.

Caruso’s Main Street Gamble

Caruso’s Main Street Gamble

Real estate developer Rick J. Caruso has Main Street America in his sights with plans to redevelop “street-front” retail in various Southern California neighborhoods.

Developer Rick Caruso Names New Marketing Communications Officer

Public-relations veteran Judy Johnson was named as the chief marketing and communications officer for Caruso Affiliated, the Los Angeles real estate development company that owns, manages and develops such shopping centers as The Grove in Los Angeles and The Americana at Brand in Glendale, Calif.

Jack’s Surfboards On The Move: First  Skatepark, Next Up, Santa Monica

Jack’s Surfboards On The Move: First Skatepark, Next Up, Santa Monica

Jack’s Surfboards opened a location for its skateboard concept, Jack’s Garage, at the Vans Off the Wall Skatepark in Huntington Beach.

Behind The Scenes on Rodeo: Shawmut Renovates High End Street

Behind The Scenes on Rodeo: Shawmut Renovates High End Street

For Rodeo Drive, renovating boutiques is a multi-million-dollar enterprise.

Skingraft Joins Group of Luxe Boutiques in Fashion District

Skingraft Joins Group of Luxe Boutiques in Fashion District

The Skingraft fashion label will be the latest of several high-end fashion boutiques to put down stakes in downtown Los Angeles’ Fashion District, which has become a magnet for luxe boutiques after being a near-dead zone for high-end fashion retail up to last year.

Change Coming With Two Historic Garment Buildings Being Converted Into Loft-Style Apartments

Change Coming With Two Historic Garment Buildings Being Converted Into Loft-Style Apartments

Two years ago, Capital Foresight Development, headed by Naty Saidoff, bought architectural gems—the Garment Capitol Building and the Maxfield Building.

What’s Checking on Los Angeles’ West Third Street

What’s Checking on Los Angeles’ West Third Street

Los Angeles’ West Third is a high-energy street sandwiched between La Cienega Boulevard and Fairfax Avenue. Its boutiques, cafes and restaurants draw trendy tourists and locals alike, creating an ongoing pulse that is unique to Los Angeles. As Beckley Boutique owner Melissa Akkaway put it, “The close proximity of the stores and restaurants on this street creates a nice synergy that is always upbeat.”

ADBD’s Hustle

ADBD’s Hustle

It’s Tuesday afternoon, time for Alberto Mendez and more than 20 other aspiring rappers to try out impromptu rhymes at ADBD, a Fairfax Avenue storefront adjacent to flagship boutiques for popular streetwear brands such as Diamond Supply Co. and Crooks & Castles.

Previous