‘California Cool’ Fashion Stalwart Fred Segal Closes Remaining L.A. Storefronts

A Fred Segal-branded home furnishing store in Culver City, Calif. is the sole aspect of the company remaining open. Although Lotman had the controlling stake in the company, the Segal family still owns the Fred Segal trademark, implying that an eventual resurgence of the brand would be up to Segal’s descendants, according to the L.A. Times.