APPAREL / RETAIL

Kia: New CEO

SeungKyu (Sean) Yoon will replace Jang Won (Justin) Sohn as chief executive and president of Kia Motors America in Irvine.

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BJ’s Beats; Revenue Up

BJ’s Restaurants Inc. (Nasdaq: BJRI) beat expectations on revenue and net income in its most recent quarter and its shares were up more than 10% in Friday trading.

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Taco Bell's $9.8 Billion Bests Burger King

Taco Bell systemwide sales rose 5% in 2017 to $9.8 billion, making it the fourth-largest U.S. restaurant brand by that metric, according to early numbers from Chicago-based food industry consultant Technomic Inc.

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Luxe Goods Distributor Names CEO

Luxury goods distributor MadaLuxe Group in Seal Beach promoted Adam Freede from president to chief executive.

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UCI Prof Joins Acacia in Restaurant Robotics

A Chicago hospitality company has joined Acacia Research Corp. in an investment in a Pasadena-based robotics maker for the restaurant industry, and a University of California-Irvine professor has joined that firm’s advisory board.

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Taco Bell Picks 2 Leaders

Irvine-based Taco Bell said senior executives Julie Felss Masino and Liz Williams will co-lead the company when Chief Executive Brian Niccol departs for the top slot at Chipotle Mexican Grill Inc. in Denver on March 5.

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Niccol to Lead Chipotle

Brian Niccol will leave the top slot at Taco Bell to lead Chipotle Mexican Grill, effective March 5.

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Taco Bell Parent Puts $200M to Delivery

Yum Brands Inc. in Louisville, owner of Irvine-based Taco Bell, will buy 3% of GrubHub Inc. in Chicago for $200 million.

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Boardriders Names CEO

Leadership changes were announced on Tuesday for Huntington Beach-based Boardriders Inc. following the recent tragedy involving Chief Executive Pierre Agnes.

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Arbonne Sold to Paris Beauty Group

Arbonne International LLC in Irvine and a sister company, Nature’s Gate, will be bought by Groupe Rocher on undisclosed terms.

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AutoGravity Signs Nissan

Irvine-based fintech firm AutoGravity, which provides auto financing through smartphones, signed up another automaker: Nissan Motor Acceptance Corporation (NMAC).

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OC Carmakers Up in January

Orange County automakers started the year on a positive note with the exception of Hyundai Motor America and its Genesis brand, which saw January sales decline for the month.

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Coffee Maker Gets Soda Support

KonaRed Corp. in San Clemente will work with L.A. Libations in El Segundo to expand its line of cold brew coffee and other products.

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Search for Missing Boardriders Chief Ends

The search for missing Boardriders Inc. Chief Executive Pierre Agnes -- a three-day scouring of the sea off the Atlantic Coast of France -- has ended, news reports say.

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Restaurant365 Raises Funding from Bessemer

Restaurant365 LLC, an Irvine-based developer of back-office software for restaurants, said it closed a $20 million Series A financing that includes a minority investment from Bessemer Venture Partners.

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