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23 Jun

Luxury Stores See Latest Opportunities in Southern California’s Top

The Americana at Brand, an upscale outdoor shopping mall with an electrical trolley running through it and splashy fountains that rise and fall to numerous tunes, has at all times catered to an affluent customer who doesn’t mind dropping $300 for athletic shoes or $400 for a leather handbag. Nowadays, nonetheless, shoppers on the Los Angeles area location are finding more opportunities to go upscale. In the previous couple of months, the 15-year-old shopping destination, owned by Caruso, formerly referred to as Caruso Affiliated, has added a handful of luxury stores that include Saint Laurent, Gucci, Golden Goose and soon-to-be expanded David Yurman and Tiffany & Co. stores that remind us that diamonds could be our greatest friend. The brand new luxury outposts...
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11 Feb

Otis Report: California Creative Economy Will Depend on Technology

California Creative Economy For many years, Los Angeles has been the powerhouse behind California’s creative economy with its expansive movie studios, TV production facilities, architectural firms and fashion firms accounting for 15 percent of the state’s economy. California’s creative economy took a couple of steps back throughout the pandemic, nevertheless it quickly recuperated by adopting latest technology. In 2021, this statewide sector directly generated nearly $507.4 billion in revenue and produced 7.6 percent of California’s jobs, in keeping with the most recent annual “Creative Economy” report presented Friday in downtown Los Angeles by the Otis College of Art and Design. This was the sixteenth 12 months that Otis College’s “Creative Economy” report calculated what effect creativity has on the state. Newly elected Los...
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