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WGSN Report Takes a Look at the Future of Retail

By Andrew Asch | December 13, 2018

Los Angeles has become one of the world’s leading centers for retail experimentation.

After Decades, Men’s Clothing Shop Carroll & Co. Is Closing

With its distinctive green awning and its green-colored shopping bags, Carroll & Co. was a notable menswear player in Beverly Hills, Calif.

October Retail Sales Look Healthy

The economy continues to move along nicely as retail sales across the country were up 5.6 percent in October over last year, according to the National Retail Federation.

Levi Strauss Reported to Be Planning an IPO

Levi Strauss & Co., the 145-year-old blue-jeans maker in San Francisco, is headed to the stock market to raise between $600 million and $800 million with an IPO next year.

Malibu Fires Shut Down Major Fashion Retailers

With hundreds of residents evacuated, retailers have had to shut their doors at Malibu's major shopping spots.

Halloween Does Not Spook or Excite Retail Sales in October

Halloween was forecast to be robust for retailers, but October sales did not go beyond okay, according to Jeff Van Sinderen, a retail analyst for B.Riley FBR.

Will Dover Street Market Jolt the Arts District Scene?

Once a blighted, sparsely populated warehouse area, downtown Los Angeles’ Arts District has blossomed with chic restaurants, creative office spaces and lofts.

Beverly Center’s $500-Million Remodel Brings In More Fashion

The wrap-up of a $500-million remodel of the Beverly Center paved the way to usher in a new slate of high-profile boutiques inside the Los Angeles mall, which serves the fashion-savvy neighborhoods of West Hollywood and Beverly Hills.

Bebe and Bluestar Acquire Gifts Retailer Brookstone

Bebe Stores Inc. announced it has partnered with Bluestar Alliance to acquire the brand name and related assets of beleaguered gifts-and-gadgets retailer Brookstone for an undisclosed price.

Study Offers Clarification on Consumer-Purchasing Priorities

As consumers rely on more e-commerce options and the threat of increased tariffs on goods from China grows, cloud-based technology firm First Insight, Inc. noted that retail executives are not accurately informed about the impact of pricing.

NRF Finds Consumers Will Spend More During Holidays

The National Retail Federation released a forecast earlier this month that shows sales for the upcoming holiday season will increase from 4.3 percent to 4.8 percent over the year.

Ahead of the Holiday Season, Piper Jaffray Reveals the Brands Teens Want

As the retail industry approaches the holiday shopping season, overall teen spending has increased by 1 percent over fall 2017 but decreased 5 percent since spring 2018 among teenage members of Generation Z.

Cashmere N Tee Bets on Multi-Brand Boutique

Walk through any mall or retail street—some of the most prominent shops are mono-brand stores that sell a wide variety of basics from a single fashion label. Lauren Goldstein and Samera Arkel are providing an alternative.

Fields Finds What’s Trending in Los Angeles- And What’s Not

Trend forecaster Barbara Fields of the Barbara Fields Buying Office builds her reports through researching what juniors styles are making cash registers ring in world fashion capitals such as London, Tokyo, Sydney and New York City.

Blended Retail Will Be the Hallmark of Holiday 2018

It looks like shoppers and retailers have taken down the old boundary between bricks-and-mortar retail and e-commerce.

Major Retail Construction Company Names Executive to Help Expand on West Coast

Shawmut Design and Construction has constructed retail flagships in top fashion areas including Rodeo Drive in Beverly Hills and in Manhattan.