LOS ANGELES—It’s an old Hollywood joke: the highly successful actor accepts an award and ends with, “But what I really want to do is direct.”
In a retail real estate variation, privately held media company Sandow, which acquired the licensing rights to the legendary Los Angeles retail brand Fred Segal in 2012, really wants to be a developer. The company has partnered with Evolution Media Partners to build up to 10 Fred Segal lifestyle centers in the United States and overseas over the next five to seven years, says Women’s Wear Daily.