APPAREL / RETAIL

Emerald Posts Mixed Q2

Shares of Emerald Expositions Events Inc. are down 4% to $21 and a market value of about $1.52 billion after the San Juan Capistrano-based trade show operator posted revenue for the June quarter below Wall Street expectations.

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Callaway Buys Surf City Sportswear Maker

TravisMathew LLC in Huntington Beach was sold to Carlsbad-based Callaway Golf Co. in a $125.5 million cash-and-debt deal expected to close in the third quarter.

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Boot Barn Up in Q1

Shares of Boot Barn Holdings Inc. rose about 17% to $9 and a $242 million market cap during Wednesday trading, after the company reported revenue and profits for the June quarter that beat Wall Street expectations.

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OC Automakers Beat National Pace

Three out of four largest Orange County-based automakers beat the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.

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Apparel Brand Posts Mixed Results

Costa Mesa-based Volcom Inc. posted $123.2 million in revenue for the first half of 2017, a 4.4% decrease compared to the same period last year, according to Kering, its Paris-based parent.

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Fish House Files Furlough Notice

King’s Fish House in Laguna Hills plans a temporary layoff of 92 workers, according to a Worker Adjustment and Retraining Notice (WARN) it filed with the state Employment Development Department July 17.

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NB Activist Restarts Battle

Newport Beach-based Engaged Capital LLC renewed its battle against Rent-A-Center Inc. (NASDAQ: RCII).

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Vans Up in Q2

Vans, the largest and fastest-growing brand for parent VF Corp., posted a 9% uptick in revenue in its second quarter, which ended July 1.

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Taco Bell Enters Sri Lanka

A Taco Bell franchisee opened the restaurant’s first location in Sri Lanka, a local news report said.

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Acupuncture Franchise Signs OC Developer

Golden State Management Corp. in Lake Forest plans 25 to 30 locations of Modern Acupuncture in OC over the next three years, part of a commitment of 65 sites that includes San Diego County and the Inland Empire.

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Acacia Invests in Restaurant Robotics

Acacia Research Corp. led a $3.1 million investment in Miso Robotics Inc. and signed an intellectual property agreement with the company to commercialize its main product for the restaurant industry.

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AutoGravity Adds Investor VW

AutoGravity Corp, in Irvine received an undisclosed investment from VW Credit Inc. and its software will power the Volkswagen Credit smartphone app to provide financing for Volkswagen and Audi buyers in the U.S.; Volkswagen financing is also offered on AutoGravity’s platform.

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Advantage Buys in Netherlands

Advantage Smollan Ltd. in London—a holding company Irvine-based Advantage Solutions Inc. set up in 2015 with Smollan Group in Johannesburg—plans to acquire Netherlands-based Hamilton Bright Group B.V. on undisclosed terms.

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OC Automakers Trail National Pace

The four largest Orange County-based automakers trailed the national sales pace for new vehicles in June, according to New Jersey-based market researcher Autodata Corp.

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Kia Finally Lands Sales Exec

Kia Motors America Inc. in Irvine hired Bill Peffer as its new vice president of sales, a position Michael Sprague held until he was promoted to chief operating officer in 2015.

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