The writing was on the wall for the teen retailer when on January 7 of this year, Wet Seal announced the closing of 338 stores and a lay-off of 3,695 employees. On January 16, 2015, Wet Seal announced that it had filed for chapter 11 bankruptcy. Ed Thomas, Wet Seal’s CEO said, “After careful consideration, […]
Story and Photos by Kathleen Gasperini and Tom Wallace The Agenda Trade Show in Long Beach, CA, January 5-6, 2015, featured inspiring designs, brisk business, and a coming together of the best in action sports-inspired and streetwear fashion, footwear, accessories, and wearable technology. With an industrial theme made of a mix of barrels, pallets, and […]
The 4th Annual Agenda Emerge powered by Group Y held in Long Beach, CA, January 6, 2015, was the biggest conference yet for the action sports and streetwear industries. With a capacity crowd of 825, it was clear that people were interested in hearing how innovation and creativity can produce the most amazing brands, bands, […]
Fashion trade show season is underway, and after a successful launch at Agenda last week, here’s more of what to expect next in the realm of street, denim, urban contemporary, and youth lifestyles. Selvedge Run When Bread & Butter initially announced that it would be heading to Barcelona for the summer edition in 2015, Maria […]
In the wake of many teen retailers taking a beating, Fast Retailing Co., owners of the Japanese fast-fashion and technical brand, Uniqlo, announced an incredibly strong fiscal report today, January 8, 2015 with profits up 64% in the first quarter. Net income rose to 68.8 billion yen ($575 million) in the three months ended in […]
Wet Seal is among the many teen retailers mostly sequestered to malls that are not doing well in the last couple of years. Today, January 7, 2015, the hammer fell with the 338 stores to close, which is two-thirds of the company’s stores, and 3,695 employees laid-off. Employees who were laid-off were given a one […]
It looks like the ouster of American Apparel founder Dov Charney is under question. The 6th largest investor of America Apparel, Bigger Capital Fund, is questioning the amount of information that was given to investors before making the final decision to fire Charney. According to Bigger Capital, in a letter from Bloomberg News, there was […]
Following the cancellation of BREAD & BUTTER for January 2015, the management of BREAD & butter GmbH & Co.KG saw itself forced to file for insolvency on 16th December 2014. On the same day, the attorney Christian Graf Brockdorff (BBL) was appointed preliminary receiver in insolvency. According to BREAD & BUTTER, having been caught up […]
After ending a 23-year relationship with Quiksilver in April this year, Kelly Slater has moved on to create his own lifestyle fashion brand, Outerknown. As we’ve written about before, Outerknown is one of those highly anticipated new brands that’s changing the course fashion for many reasons. First, while surfing is obviously at the heart of […]
On December 16, 2014, PUMA announced that Rihanna had signed a multi-year partnership with the brand starting in January, 2015 to be PUMA global ambassador for Women’s Training and serve as the PUMA Women’s Creative Director, bringing her styling sensibilities and innovation to PUMA’s collections. The same day, reports have surfaced that Kering, which also […]