Californian Brand Group Shifts HQ to Texas Over Costs and Taxes

TL;DR Summary
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.
Topics:nation#business#california#digital-brands-group#note-ensure-only-five-tags-are-listed-adjust-if-needed#round-rock#tax-policy#texas
Reading Insights
Total Reads
0
Unique Readers
6
Time Saved
6 min
vs 7 min read
Condensed
95%
1,356 → 65 words
Want the full story? Read the original article
Read on Fox News