APPAREL / RETAILRecent and archived news stories on: Action Sports, Autos, Clothing, Cosmetics, Malls, Online Shopping, Stores/Retailers, Surf/Sportswear...
Andrew Leisner, publisher of the Bonnier Motorcycle Group in Irvine, appeared on the Business Journal’s radar after a swap of six surf and skateboard publications for nine motorcycle titles from San Clemente-based TEN: Action/Outdoor Group.
The Quiksilver Inc. boss continued to reshape the operations of the brand, which once again struggled despite its heritage as a pioneer of the surfwear sector.
We said to keep an eye on Irvine-based Taco Bell Corp. Chief Executive Greg Creed as he began overseeing the brand worldwide in January.
Costa Mesa-based El Pollo Loco Holdings Inc. said today it closed on a new $200 million lending agreement that cuts its interest costs by about $7 million a year.
Private equity firm Altamont Capital Partners in Palo Alto said it acquired a majority stake in Fox Head Inc., in a deal estimated at more than $200 million.
Shares of Quiksilver Inc. rose about 30% to $1.92 and a market value of $330 million in early trading Friday, after it reported a narrower loss after markets closed yesterday.
Irvine-based Yogurtland Franchising Inc. said a new franchisee in Thailand plans to open 15 stores there.
Shares of Wet Seal Inc. sank more than 65% to 9 cents and a market value of $8 million in midday trading, after the teen and contemporary retail chain said it might “seek a restructuring or other relief under the provisions of the U.S. Bankruptcy Code” if it can't address its immediate liquidity needs.
Hyundai Motor America Inc. in Fountain Valley will recall 42, 925 vehicles with faulty brake lights, according to the National Highway Traffic Safety Administration.
Aliso Viejo-based Johnny Rockets Group Inc. said it and franchisees would save about $450,000 a year systemwide with new back-office operations software the retro burger chain developed in-house for $25,000.
HOSPITALITY: New amenities, look for lobby, all 536 rooms
A yearlong renovation has Hotel Irvine ready for its interior close-up—with makeovers of meeting spaces and outdoor amenities scheduled for completion in January.
Irvine-based Taco Bell Corp. plans to add 1,300 restaurants with an aim of adding $2 billion in sales overseas by 2023, according to a report in Nation’s Restaurant News.
Shares of Tilly’s Inc. were up 21% to $8.56 and a market value of $240.3 million in midday trading, following better-than-expected financial results for the third quarter reported after markets closed yesterday.
Pacific Sunwear of California Inc. beat analysts’ expectations for the third quarter, sending its stock up about 8% to $1.83 and a market value of about $126.7 million in midday trading Thursday.
Three of the four Orange County-based automakers trailed the pace of sales of new vehicles nationally in November, according to New Jersey-based market researcher Autodata Corp.