Orange County Business Journal


Recent and archived news stories on: Action Sports, Autos, Clothing, Cosmetics, Malls, Online Shopping, Stores/Retailers, Surf/Sportswear...

2014 Year in Review: Media & Marketing

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.

2014 Year in Review: Retail

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.

2014 Year in Review: Restaurants

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.

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El Pollo Loco Closes $200M Debt Deal

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.

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Private Equity Firm Gets Fox Head

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.

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Quiksilver Up on Quarterly Numbers

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.

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Yogurtland to Enter Thailand

Irvine-based Yogurtland Franchising Inc. said a new franchisee in Thailand plans to open 15 stores there.

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Wet Seal Puts BK in Picture After Weak Q3

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.

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Hyundai to Recall 2 Models for Brake Lights

Hyundai Motor America Inc. in Fountain Valley will recall 42, 925 vehicles with faulty brake lights, according to the National Highway Traffic Safety Administration.

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Johnny Rockets Seeks Savings With Own Software

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.

Hotel Irvine Transformation Starts on Ground Floor

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.

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Taco Bell in International Push

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.

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Tilly’s Q3 Sales Surpass Expectations

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.

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PacSun Up in Q3

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.

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Biggest OC Automakers Lag U.S. Sales Pace

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.