LOS ANGELES — It's the survival of the fittest among specialty boutiques here as retailers navigate turbulent economic seas.
After a frenzy of openings last year in new retail hubs, stores such as Filly on Third Street and Iconology and Lily Savitch on La Brea Avenue have shuttered. Others are hunkering down even as more newcomers enter the market.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"