Orange County Business Journal


Recent and archived news stories on: Action Sports, Autos, Clothing, Cosmetics, Malls, Online Shopping, Stores/Retailers, Surf/Sportswear...
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Kia Nets NBA All-Star Deal

Kia Motors Corp.’s logo will appear on player jerseys during the National Basketball Association’s next two All-Star games—in Toronto in 2016 and Charlotte, N.C. in 2017.

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First Johnny Rockets Express in India

The India franchisee for Aliso Viejo-based Johnny Rockets Restaurant Group opened its first express location in that country, according to news reports.

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Quiksilver Seeks to Sell Shoe Brand

Quiksilver Inc. in Huntington Beach is asking a bankruptcy court to approve the sale of its Ampla running shoe brand to a pair of former executives for $200,000.

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Irvine Software Maker Gets $85M

Irvine-based analytics software maker Alteryx Inc. has raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York.

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Private Equity Seeks Del Taco Exit

Three investors that owned the privately held forerunner of Lake Forest-based Del Taco Restaurants Inc. will sell up to 3.87 million shares in a secondary offering, the fast food chain said.

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Johnny Rockets to Grow in 3 Markets

Aliso Viejo-based Johnny Rockets Restaurant Group said franchisees have agreed to open 49 locations in Italy, Paraguay and Canada, two of which are new countries for the burger chain.

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BJ's Revenue, Income, Shares Up

Huntington Beach-based BJ’s Restaurants Inc. reported net income excluding one-time gains of $10.5 million on revenue of $229.4 million in its most recent quarter.

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Kawasaki OC HQ to Foothill Ranch

Kawasaki Motors Corp. U.S.A said it will move its North American headquarters from Irvine to Foothill Ranch.

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Windjammer Buys Kitchen Equipment Parts Distributor

Newport Beach-based private equity firm Windjammer Capital Investors acquired Heritage Food Service Group Inc., a distributor of replacement parts for commercial kitchen equipment.

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Irvine Retail Chain Bought for $12M

Sherman Oaks-based Cherokee Global Brands acquired Flip Flop Shops in Irvine for $12 million in cash, according to documents filed with the U.S. Securities and Exchange Commission.

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Del Taco Income Up

Shares in Lake Forest-based Del Taco Restaurants Inc. rose 13% after markets closed Monday, when the fast food chain said income from operations increased 17% to $10.2 million on revenue of $98.6 million in its most recent quarter.

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HB Food Co. to Get $5M

Huntington Beach-based Nate’s Food Co. said it would get a $5 million investment over two years from an affiliate of Ridgefield, Conn.-based Southridge LLC.

New Moves for Gym Chains

Local Companies Help Lead Industry Innovations in Fitness Workouts

Some of the hottest trends in the fitness industry are being developed in Orange County, prompting several locally based companies, including LA Fitness, UFC Gym and Fitwall, to aggressively expand their brands while offering very different experiences to their members.

13 Asics Stores Closed Due to Dispute

Asics America Corp.’s Fashion Island retail store is among 13 locations that licensed operator Windsor Financial Group LLC closed last week following a contract dispute between the companies.

Mitsubishi Lays Lancer Evolution to Rest With Honors

Cypress Carmaker to Sell Last Models to ‘Gearheads’

Mitsubishi Motors North America Inc.’s Lancer Evolution—the performance version of its long-standing middle-market sedan—is going out in style.