Industry Lifestyle, Retail CEO Allison Samek (2016–) Parent organization Sandow Media, LLC | Website Fredsegal.com Number of locations 4 | |
Headquarters Santa Monica, California, United States Founded 1961, Los Angeles, California, United States Profiles | ||
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Fred Segal is a clothing and merchandise retail store founded in West Hollywood, California, with its flagship store on Melrose Avenue in West Hollywood.
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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. These Franchisees brought in the style and merchandise that eventually know collectively as "Fred Segal."
There are currently two Fred Segal locations in the United States, one in West Hollywood on Melrose Avenue and the other at LAX’s Thomas Bradley International Terminal. There are two international flagships in Japan, one in the Daikanyama neighborhood of Tokyo and the other in Yokohama.
In May 2012, the worldwide licensing rights to the brand were acquired by SANDOW, a company with brands spanning the design, fashion and beauty sectors.
Expansion
In late 2012, SANDOW announced Fred Segal's aggressive expansion strategy to open new flagship locations, both internationally and domestically, launch Fred Segal’s first ecommerce site, and create private merchandise lines.
In May 2014, SANDOW and Fred Segal announced the partnership with equity investor Evolution Media Partners (Evolution), a joint venture between Evolution Media Capital (EMC), an entertainment, media and sports merchant bank formed in partnership with Creative Artists Agency (CAA); TPG Growth, the middle market and growth equity investment platform of global investment firm TPG; and Participant Media, the global entertainment company founded in 2004 by Jeff Skoll.