NEWSMAKERS 2016
The People, Companies and Ideas that Made News in 2016
From high-profile bankruptcies in manufacturing, shipping and e-commerce to million-dollar development projects across the Southland, 2016 was a year of stark contrasts for the apparel industry. This year saw several mergers within the trade-show sector, including the acquisition of Business Journals Inc. by UBM and Swim Collective by Emerald Expositions as well as the acquisition of several well-known contemporary brands by an Israel-based powerhouse. The year marked the demise of the Trans-Pacific Partnership in the weeks following the presidential election and, in an end of an era, Otis College of Art and Design’s Fashion Department moved out of the LA Fashion District just as its founding chair stepped down after 36 years with the university.
American Apparel Could be Sold Off in Pieces
Capsule and Axis Launch in Los Angeles
Nasty Gal Files Chapter 11, Amoruso Steps Down
Israeli Manufacturing Giant Buys Three LA Contemporary Labels
Hanjin Bankruptcy Sinks a Lot of Importer’s Revenue Goals
It’s Taps for the TPP Free-Trade Agreement
Emerald Expositions Buys Swim Collective
MAGIC Owner UBM Buys Parent Company of MRket, Stitch, ATS
Rosemarie Brantley Leaves Otis as Fashion Department Exits DTLA
