Orange County Business Journal


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

PacSun Says California State of Mind Can Be Anywhere

Customers Encouraged to Share Theirs in Campaign

Anaheim-based Pacific Sunwear of California Inc. released a two-minute video that encourages its customers to find their “Golden State of Mind” and share their experiences on social media.

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Tilly’s Shares Slump on Lower Earnings

Shares of Tilly’s Inc. fell 22% to about $8 and a market cap of about $233 million in after-hours trading Wednesday after the retailer posted a 74 % drop in earnings for the first quarter that ended May 3.

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Wet Seal Down in First Quarter

Foothill Ranch-based Wet Seal Inc. said Tuesday its net sales for the quarter ended May 27 were $116.7 million, a 16.8% drop from the $140.4 million in the same period last year.

Billabong Restructures, Adds Executive Weight in OC

Orange County is emerging as an increasingly important part of Billabong International Ltd.’s operations as the action-sports apparel maker and retailer begins to find some footing on a turnaround.

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OC Auto Sales Up 10.5% in April

Orange County auto dealers sold 13,771 new vehicles in April, a 10.5% increase from a year earlier.

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Taco Bell Names CEO

Irvine-based Taco Bell Corp. named President Brian Niccol to chief executive of the fast food chain.

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St. John Knits Chair to Quiksilver Board

Huntington Beach-based action sports apparel maker Quiksilver Inc. said Bernd Beetz joined its board of directors Tuesday.

Another Shift for OC 50

Newcomers Reflect Growth of Services

Call it 10%—that’s about the turnover rate for this year’s OC 50, the Business Journal’s annual inventory of influence.

Taco Bell Boss Bound for Louisville

DINING: Headed for top job at parent by start of next year

It looks as though at least one member of this week’s OC 50 won’t qualify for consideration next year.

Boot Barn Parent Plans IPO for Retailer

The private equity parent of Irvine-based Western wear retailer Boot Barn Inc. is looking to take the company public, according to a Reuters report.

ADDENDUM--Week of May 12

Newport Beach-based activist investor Engaged Capital LLC agreed to drop its nominations for Abercrombie & Fitch Co.’s board of directors as the clothing retailer announced its own roster of four independent directors for election. Engaged Capital has a 0.5% stake in New Albany, Ohio-based Abercrombie & Fitch, which has a market capitalization of about $2.8 billion.

OC 50

Chief executive of integrated healthcare network created in 2012 by St. Joseph Health System and Hoag Memorial Hospital Presbyterian. Affiliation intended to solve what Afable has called “pressing problems” of healthcare access, cost and quality.

Bankrupt Chain Would Leave Retail Hole in Its Wake

18-Year-Old Easy Life Has 14 Stores, HQ

The companywide liquidation of Buena Park-based furniture chain Easy Life Furniture Inc. is likely to leave a sizable hole in retail space across Southern California, not to mention a vacant warehouse in the company’s hometown.

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Retail Roundup: Oakley Opens NY Store

Foothill Ranch-based sunglasses and apparel maker Oakley Inc. opened a store and showroom on Fifth Avenue in New York.