CEO says doing business in state ‘sucks’ as company heads to Texas amid California exodus
- California is losing population and business prominence to Texas, which is growing faster due to pro-business policies, low taxes, and expanding technical skills.
- Digital Brands Group is relocating its headquarters from Vernon, California, to Round Rock, Texas, citing California's high costs, long commutes, and challenging business environment.
- Los Angeles County experienced a net loss of 17,496 tax filers who took nearly $1.9 billion in income to other states, contributing to shrinking state and local tax bases.
- California is debating a proposed one-time 5% tax on billionaires, with supporters expecting increased public funding and opponents warning it may drive wealthy taxpayers and revenue away.
21 Articles
21 Articles
Digital Brands Group Moves to Texas After CEO Says, “Doing business in the state of California sucks.”
Digital Brands Group Moves to Texas After CEO Says, “Doing business in the state of California sucks.” Digital Brands Group is leaving California and moving its headquarters to Round Rock, Texas. CEO Hil Davis offered a blunt explanation for the decision. Davis told Fox News Digital, “Doing business in the state of California sucks.” The Round Rock Chamber announced the relocation in a press release, describing it as a major economic development…
Another California company joins the list of companies leaving the state due to the difficult business environment in the state. Digital Brands Group moved its headquarters to Round Rock (Texas) in the face of rising operating costs. The news is known at a time when California faces a major exit from taxpayers and businesses. Digital Brands Group executive director Hil Davis harshly criticized California’s business environment and stated that th…
Major Apparel Firm Shifts Base from California to Texas Amidst Challenges
A California-based apparel business has relocated to Texas, citing significant difficulties with the state's business environment. The CEO expressed frustration over operating conditions in California. The post Major Apparel Firm Shifts Base from California to Texas Amidst Challenges appeared first on News Addicts.
Prominent Company Ditches California For Red State: 'It's Too Hard'
A California apparel company has packed up its headquarters and moved to Texas, with its CEO delivering a blunt verdict on the Golden State’s business climate. “Doing business in the state of California sucks,” Hil Davis, CEO of Digital Brands Group, told Fox News Digital. The company relocated its headquarters more than 1,300 miles to Round Rock, Texas, just north of Austin, where it leased roughly 70,000 square feet of warehouse and office spa…
Another Company Flees CA for Red State-“Doing business in the state of California sucks” * The Gateway Pundit * by Margaret Flavin
Hil Davis, the CEO of Digital Brands Group based in California, shared his blunt reasoning for moving his company's headquarters to Round Rock, Texas.
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