Jump to content

Fred Segal

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Swizzlewarp (talk | contribs) at 16:24, 21 November 2022 (I changed text in the article to seem more relevant and less like an advertisement.). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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 (CEO & Owner)
  • Allison Samek (President)
Websitewww.fredsegal.com

Fred Segal is a clothing and accessories retail brand founded in West Hollywood, California. Its main location is on Sunset Boulevard in West Hollywood, California, United States.

Stores

There are four Fred Segal locations in the United States as of 2022. The main store is located on Sunset Boulevard in West Hollywood, with others in Malibu,[1]Los Angeles, and Las Vegas. Fred Segal has one international location in Seoul, South Korea.

History

Over five decades ago, Fred Segal opened a local jeans-only store, called Pants America. This 300-square-foot store grew over the years, and with the move to Melrose Avenue in 1961 the name was changed to Fred Segal. Segal invited key managers to purchase and run select boutiques within their respective area of merchandising expertise within the Fred Segal center.

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 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 and Kuala Lumpur.

References

  1. ^ "Legendary L.A. Retailer Fred Segal Opens Malibu Outpost". The Hollywood Reporter. 5 April 2019. 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. 26 September 2017.
  4. ^ US, FashionNetwork com. "Fred Segal to boost worldwide presence following acquisition by Global Icons". FashionNetwork.com. Retrieved 2022-08-17.