Updates

Latest Entries

Opportunity Abounds in Los Angeles for Indochino

SANTA MONICA — Indochino continues to grow at a rapid clip, most notably in the Los Angeles area where the company on Wednesday opened its newest store in Santa Monica.
The 2,300-square-foot showroom at Santa Monica Place will be followed by additional stores locally on Melrose Avenue and up north in Sacramento. The company, by the end of the year, will have seven California showrooms.
“The business is growing quite rapidly,” president and chief executive officer Drew Green said, adding the company between 2016 and 2018 grew at a compounded annual growth rate of 55 percent. “What we’ve seen is New York is our number-one market and we’ve heavily invested in New York. California represents a big opportunity. We invested in San Francisco on Post [Street]. We’ve got the showroom in Beverly Hills and now we’re going to continue to really expand in California.”
Santa Monica marks the company’s 41st showroom with another 11 in production. The company will likely launch another 20 showrooms in 2020 bringing the total count to more than 70 in the U.S. and Canada, Green said.
Santa Monica will serve the large customer base in the area, with showroom location openings data driven.
Elsewhere in the U.S., Indochino’s 2,234-square-foot Boston

Follow WWD on Twitter or become a fan on Facebook.

Read More…

Via:: https://wwd.com/menswear-news/mens-retail-business/indochino-opens-santa-monica-place-showroom-1203077142/