Fred Segal
IndustryLifestyle, retail
Founded1961 (1961)
HeadquartersLos Angeles, California, U.S.
Number of locations
9
Area served
United States
Sunset Boulevard, Malibu
Key people
Jeff Lotman (CEO & Owner)
Websitewww.fredsegal.com

Fred Segal is an American clothing and accessories retail brand founded in 1961. Its main location is on Sunset Boulevard in West Hollywood, California.

Stores

There are six Fred Segal locations in the United States as of 2023. The main store is located on Sunset Boulevard in West Hollywood, with others in Malibu,[1]Los Angeles, Larkspur and Las Vegas. Fred Segal has one international location at Galleria Department Store 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 brand licensing rights were acquired by Sandow Media.[2][3] 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.[4]

In March 2019, Fred Segal was bought by Global Icons.[5] Evolution Media, an investment firm created by Creative Artists Agency and TPG Capital, will maintain a minority stake.

Fred Segal opened its store in Malibu in April 2019.

On February 25, 2021, the founder of the eponymous brand died from complications from a stroke at age 87.[6]

References

  1. ↑ "Legendary L.A. Retailer Fred Segal Opens Malibu Outpost". The Hollywood Reporter. April 5, 2019. Retrieved April 6, 2019.
  2. ↑ "Sandow Acquires Fred Segal". Informa Markets. April 5, 2018.
  3. ↑ Lockwood, Lisa (May 3, 2012). "Fred Segal's New Deal". Women's Wear Daily.
  4. ↑ "Inside the New Fred Segal Flagship Opening in L.A. This Week". The Hollywood Reporter. September 26, 2017.
  5. ↑ US, FashionNetwork com. "Fred Segal to boost worldwide presence following acquisition by Global Icons". FashionNetwork.com. Retrieved August 17, 2022.
  6. ↑ Tschorn, Adam (March 3, 2021). "Appreciation: How Fred Segal's retail vision forever changed L.A." Los Angeles Times.
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