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ICYMI: Clothing manufacturer Dickies moves headquarters from Texas to California

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~ In a recent announcement, Dickies, a well-known workwear and lifestyle apparel company, revealed that it will be relocating its headquarters from Fort Worth, Texas to Orange County, California. This move comes after more than 100 years of the company being based in Texas and is expected to bring new job opportunities to the Golden State.

Governor Gavin Newsom expressed his excitement about the relocation, stating that California's strong job market and consistent economic growth make it an ideal location for businesses to thrive. He also highlighted California's position as the fifth largest economy in the world and its welcoming environment for companies looking to expand and succeed.

The new headquarters will be located in Costa Mesa and is set to open in early 2025. Dickies' parent company, VF Corporation, also manages another popular California-based apparel brand, Vans.

This move puts Dickies in good company as California is home to the most Fortune 500 companies in the nation. With over 1.7 million private sector businesses and a thriving economy, California offers a wealth of opportunities for companies looking to grow and succeed.

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According to the U.S. Bureau of Economic Analysis, California has maintained its position as the fifth largest economy in the world for seven consecutive years with a nominal GDP of nearly $3.9 trillion in 2023. On a per capita basis, it is also ranked as the second-largest economy among large economies.

In addition to its strong business climate, California also boasts other impressive statistics such as being home to 32 of the world's top 50 AI companies and having one of the most equitable tax systems in the country. It is also ranked number one for new business starts, access to venture capital funding, manufacturing, high-tech business, and agriculture.

Furthermore, California tops Inc. Magazine's annual rankings of the top 5,000 companies for revenue growth over the past three years with 672 businesses generating over 874,000 jobs and $317 billion in revenue. This growth has also led to an increase in tourism spending, with the state reaching an all-time high of $150.4 billion in 2023.

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Governor Newsom and regional partners have also recently announced the California Jobs First Economic Blueprint, which aims to drive sustainable economic growth, innovation, and access to good-paying jobs over the next decade. This initiative will be supported by a $120 million investment in "ready-to-go" job-creating projects statewide within the next three years.

In addition to promoting economic growth, Governor Newsom has also been working closely with California Native American tribes to address ongoing challenges and disparities in public safety, healthcare, housing, and supportive services. This partnership was celebrated during Native American Heritage Month as progress continues to be made towards a more equitable future for all Californians.

In other news, Governor Newsom has granted 19 pardons as part of his executive clemency powers. He also announced several appointments, including Erin Curtis as Executive Director at the Strategic Growth Council.

With its thriving economy and welcoming business environment, it is no surprise that Dickies has chosen California as its new home. As the state continues to prioritize job creation and economic development, it is poised for even more success in the years to come.

Filed Under: Government, State

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