Finance

Milberg Factors Adds Gino Clark as Senior Vice President to Team

By Christian Chensvold, Associate Editor | September 6, 2024

Gino Clark, a native Californian with over 30 years of experience in asset-based lending and factoring, has joined Milberg Factors as senior vice president.

Gap to Celebrate 55th Anniversary With New NYSE Ticker Symbol

Gap turns 55 on Aug. 22, marking the anniversary of the opening of the brand’s original store on Ocean Avenue in San Francisco, so, to observe the occasion, the company will change from its original NYSE ticker symbol GPS to GAP.

AAFA Applauds Passage of S.Res.736, SHOP SAFE Act Stalled

Everyone likes a dose of fast fashion now and then, but nobody, whether consumers or manufacturers, likes fake fashion. But the crooks behind counterfeit goods can be dealt a blow with greater awareness, and that’s sure to happen now thanks to the passage of S.Res.736 on July 8, which designated the month of July National Anti-Counterfeiting and Consumer Education and Awareness Month.

Hope Floats Amid Economic Uncertainty During 2024 2nd Half

California Apparel News asked financial leaders in the apparel business: What successful strategies did you recommend for the challenges faced in the first half of 2024, and how should apparel-industry professionals approach the second half of the year?

Levi’s Reports Growth in Q2 Performance With Strength in DTC

San Francisco–based Levi Strauss & Co. reported financial results for second quarter 2024, which ended May 26, nearly six months after the January appointment of president and CEO Michelle Gass.

Swedish Investment Firm Altor Acquires Renewcell

Cotton-recycling pioneer Renewcell has announced that its remaining assets have been acquired by Altor, an investment firm based in Sweden, and will now be known as Circulose.

Marcum Symposium Promotes Optimism Amid 2024 Challenges

The 2024 Consumer Products & Retail Symposium hosted by Marcum Accountants and Advisors afforded insights into planning for the most important seasons of the year, including back-to-school and holiday.

FashionGo’s Dynamic Net Terms Solution Provides Three Levels of Yes

The California Apparel News sat down with Paul Lee, CEO of NHN Global, owner of FashionGo, to learn the details of...

What’s Trending in the Apparel Sector? As It Turns Out, Beauty Isn’t Just Skin Deep

As 2024 picks up steam, consumer habits that came to the forefront during the holiday shopping season continue to manifest.

What the Apparel Industry Should Know to Navigate Some Choppy Seas

The California Apparel News recently checked in with Robert Krieger, president of logistics company Krieger Worldwide—“a kind of travel agent for cargo,” as he puts it—to give us the outlook on shipping as it relates to the apparel industry and the challenges that lie ahead.