Orange County Business Journal


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

Agency Ups Role in Client Work With Startup Stakes

Gets Equity Share In Exchange for Services

Irvine-based agency INK is taking an active role in its startup clients. It launched an “equity based model for agency-client relationships” that enables it to acquire a stake in promising enterprises.

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OC Adds Jobs, Unemployment Rate Unchanged at 4%

Orange County added 12,800 jobs in February to maintain a 4% unemployment rate, even with the recently revised rate for the month prior.

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Volcom Sheds Eyewear Subsidiary

Costa Mesa-based Volcom Inc. has sold Electric Visuals in San Clemente to the eyewear subsidiary’s chief executive, Eric Crane.

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Tilly’s Forecasts Q1 Loss

Shares in Irvine-based Tilly’s Inc. dropped about 15% to a market cap of $193 million after the action-sports apparel retailer said it would lose $2 million to $4 million in its current quarter, the first of the company's fiscal year 2016.

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Taco Bell to Open First Store in China

Irvine-based Taco Bell Corp. is planning to open its first store in Shanghai, China by the end of the year.

PacSun Tries Out App Game Product Placements

Players Pick Characters’ Favorite Spring Duds

BRAVEN LC, a subsidiary of Incipio Technologies Inc. in Irvine, signed on as the official sponsor of the Australian Open of Surfing.

Ubiquity Says New Licensing Deal a ‘Turning Point’

Software Agreement Could Help Reverse 2-Year Slide

Irvine-based Ubiquity Inc. has signed its first major licensing agreement to integrate its operating system software after years of development and patent approvals.

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Moe’s Plans 13 OC Sites

Moe’s Southwest Grill said a franchisee will open 13 restaurants in Orange County over the next several years.

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Carl’s Jr. Parent to Nashville

CKE Restaurants Inc.— based in Carpinteria, Calif., near Santa Barbara, but with a sizable presence in Anaheim, where it has its roots—is moving its headquarters to Nashville.

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Taylor-Dunn Acquired

Minneapolis-based Polaris Industries Inc. acquired Taylor-Dunn Manufacturing Co. in Anaheim on undisclosed terms.

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Orange Outlets to Grow

The Outlets at Orange said it will begin construction on 60,000 square feet of retail space this month.

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PacSun Hires Restructuring Specialist

Pacific Sunwear of California Inc. has hired Washington, D.C.-based restructuring firm FTI Consulting Inc. and investment bank Guggenheim Securities in New York to deal with $160 million in debt payable at the end of this year, according to The Wall Street Journal.

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Habit Falls on Weak Guidance

Irvine-based Habit Restaurants Inc. shares fell about 10% to a market cap of $508 million in heavy trading after the fast causal burger chain issued lower than expected guidance for this year.

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Kia Leads OC Auto Brands

Only one of four Orange County-based automakers exceeded the national sales pace for new vehicles in February, according to New Jersey-based market researcher Autodata Corp.

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Kawasaki USA Chief to Retire

Kawasaki Motors Corp. U.S.A President Masafumi Nakagawa plans to retire in April.