APPAREL / RETAIL

Boot Barn Majority Owner Cuts Stake

Funds of Freeman Spogli & Co. that control Boot Barn Holdings Inc. in Irvine plan to sell about 40% of their stake, which would end their majority ownership of the western wear retailer, according to a filing with the Securities and Exchange Commission.

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Chronic to Open in Japan

Chronic Tacos’ first location in Japan opens in March under a deal it signed with a franchisee last fall.

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H&M Heads Spectrum Center Expansion

A two-story, flagship H&M clothing store is the largest of the new slate of tenants coming this summer to a new phase of the Irvine Spectrum Center.

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Habit Speeds Up

Habit Restaurants Inc. in Irvine said half its openings this year and most in 2019 will include drive-thru options for time-strapped customers.

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Mazda and Toyota to Build $1.6B ‘Bama Plant

Irvine-based Mazda Motor of America Inc. said it planned to open a $1.6 billion manufacturing facility in Huntsville, Ala., in a joint-venture with Toyota Motor Corp.

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CES 2018: Kia’s EV Concept Car

Kia Motors Corp. and its Irvine-based North American unit Monday in Las Vegas introduced a concept electric vehicle that can travel 238 miles on one charge.

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Taco Bell Names Brand President, Expands C-Suite

Taco Bell Corp. named Julie Felss Masino brand president, a new position, and expanded roles for three other C-Suite execs as part of its international growth push.

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Boardriders to Buy Billabong

Huntington Beach-based Boardriders Inc. has signed a deal to acquire all shares of Billabong International Ltd., creating one of the world’s largest action sports companies.

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Hyundai Sets Date to Go Autonomous

Hyundai Motor Co. in Seoul today announced a partnership with Palo Alto-based Aurora Innovation Inc. to bring an autonomous vehicle to market by 2021.

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Nekter to Enter Florida

A Nekter Juice Bar franchisee plans four locations in Florida this year, a new state for the juice bar chain.

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Bren was Pitch Perfect

The Business Journal has selected Irvine Company Chairman Donald Bren as its Business Person of the Year.

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Karma Names CEO

Irvine-based Karma Automotive LLC tapped Liang Zhou to replace Thomas Corcoran as chief executive of the luxury carmaker.

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Island Hotel Changes Name

Island Hotel changed its name to Fashion Island Hotel.

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Galardi Group Gets President

Galardi Group Inc. appointed J.R. Galardi president, replacing Dennis Tase who retired in May 2016.

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'Grey Friday': Nov. Sales Mixed for OC Carmakers

OC-based automakers saw mixed sales results in November and year-to-date.

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