Californian Brand Group Shifts HQ to Texas Over Costs and Taxes

1 min read
Source: Fox News
Californian Brand Group Shifts HQ to Texas Over Costs and Taxes
Photo: Fox News
TL;DR

A California-based apparel and e-commerce company, Digital Brands Group, moved its headquarters to Round Rock, Texas, citing high operating costs, taxes and regulatory burdens in California, as part of a broader trend of wealth and jobs leaving the state. The move includes a roughly 70,000-square-foot Texas facility to serve universities nationwide, with some production remaining in Los Angeles and employees facing the choice of relocating.

Share this article

Want the full story? Read the original reporting

Read on Fox News