Fred Segal

Fred Segal is a clothing and accessories retail store founded in West Hollywood, California. Its flagship store is on Sunset Boulevard in West Hollywood.

Fred Segal
IndustryLifestyle, Retail
Founded1961
HeadquartersLos Angeles, California, U.S.
Number of locations
9
Area served
United States
Sunset Boulevard, Malibu
Switzerland
Taipei
Kuala Lumpur
Key people
  • Jeff Lotman (Chairman)
  • Allison Samek (CEO)
  • John Frierson (President)
Websitewww.fredsegal.com

Stores

There are currently three Fred Segal locations in the United States. The new global flagship is in Sunset Boulevard, Malibu,[1] and the third location is at Los Angeles International Airport's Thomas Bradley International Terminal. In September 2018, Fred Segal stores opened in Switzerland (4 stores), Taipei, and Kuala Lumpur.

History

Over five decades ago, Fred Segal opened a local jeans-only store. This 300-square-foot store grew over the years, and with the expansion, Segal invited key managers to purchase and run select boutiques within their respective area of merchandising expertise within the Fred Segal center offering them to participate as franchisees under the Fred Segal brand.

In May 2012, the worldwide licensing rights to the brand were acquired by SANDOW.[2] In late 2012, SANDOW announced Fred Segal's expansion strategy to open new flagship locations, both internationally and domestically, launch Fred Segal’s first e-commerce site, and create private merchandise lines.

In September 2017, Fred Segal opened their domestic flagship store on the corner of Sunset and La Cienega in West Hollywood, California.[3]

In March 2019, Fred Segal was bought by Global Icons.[4] Evolution Media, an investment firm created by Creative Artists Agency and TPG Capital, will maintain a minority stake.

Fred Segal opened its ninth store in Malibu in April 2019. Stores are currently spread across California, Switzerland, Taipei and Kuala Lumpur.

  • In Bret Easton Ellis's Less Than Zero, Fred Segal is mentioned several times. Clay, the protagonist, thinks that all English boys he meets work at Fred Segal.

References
  1. "Legendary L.A. Retailer Fred Segal Opens Malibu Outpost". The Hollywood Reporter. Retrieved 2019-04-06.
  2. Fred Segal's new deal Women's Wear Daily
  3. "Inside the New Fred Segal Flagship Opening in L.A. This Week". The Hollywood Reporter.
  4. "Global Icons | Global Brand Licensing Agency". Retrieved 2019-04-06.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.