CIT Trade Finance
Learn more about how CIT Trade Finance
provides factoring and financing solutions for the apparel industry.
Request Information
or
Contact Us
This FREE Los Angeles Fashion Industry profile takes an in-depth look into L.A.'s vibrant fashion design and apparel production industry.
The “LA Style” is inspired by the sun, light, nature and easy living of Los Angeles.
LA is perceived as a center of fashion (along with N.Y., Paris and Northern Italy). Hollywood and the entertainment industry continue to drive demand for the LA Brand.
SoCal is fortunate to be the home of two trendsetting capitals:
- Los Angeles County is a leader in contemporary apparel
- Orange County is famous for its surfwear and activewear
The LA apparel industry is dominated by smaller-sized companies.
Most apparel companies are managed by owner-operators. They have a significant portion of their net worth tied to their businesses, and they do not want to risk additional capital by extending large amounts of credit to their retail customers. That is why they use factoring.
Read about this, and more, in The Los Angeles Area Fashion Industry Profile, sponsored by CIT. Download your FREE report now!