OC BUSINESS JOURNAL DAILY NEWS
Annual revenue at Vans Inc. climbed 6% to $2.3 billion in 2016, making it the largest and fastest growing brand for parent VF Corp.
Palace Entertainment Holdings LLC in Newport Beach reported higher revenue in its most recent quarter, as part of a quarterly report by publicly traded parent Parques Reunidos Servicos Centrales SA in Madrid.
The Sagamore Pendry Baltimore hotel is set to open March 20 in the Fells Point neighborhood of the city, following the debut of the first Pendry in San Diego’s Gaslamp quarter earlier this month.
Newport Beach-based homebuilder William Lyon Homes said that its namesake and founder, General William Lyon, has stepped down as a director of the company.
iHeartMedia Revenue Platforms is shutting down its Aliso Viejo office and moving operations to Texas.
The S&P 500 was down 0.1% to 2,343.22.
Element Skateboards Inc. in Irvine named David Brooks its new global general manager, the brand’s top executive position.
Irvine-based CoreLogic Inc. said that Chief Executive and President Anand Nallathambi is taking a temporary medical leave of absence from the company.
Mary Wickman, director of nursing and professor of nursing at Vanguard University in Costa Mesa, was named president of the Association of California Nurse Leaders.
The S&P 500 was up 0.3% in midday trading to 2,343.58.
The S&P 500 was up 0.2% in midday trading to 2,333.77.
Orange County Visitors Association named its new board for the 2017-2018 term.
Hotel REIT Sunstone Hotel Investors Inc. in Aliso Viejo sold Fairmont Newport Beach for $125 million.
The Pendry San Diego opened last week in downtown San Diego’s Gaslamp Quarter; Pendry is the lifestyle urban hotel line of Montage International in Irvine, which also runs Montage Hotels & Resorts properties, including a flagship location in Laguna Beach.
The S&P 500 was up 0.6% to 2,329.76.
Longtime business executive and bon vivant Joseph DeFranco died Sunday at his home in Newport Beach at the age of 94.
Allergan PLC announced that it will buy Pleasanton-based Zeltiq Aesthetics Inc.’s CoolScupting System for $2.47 billion, or $56.50 per share, in a transaction that’s expected to be completed in the second half of 2017.
22 hotels sold in Orange County for $807 million last year, down 19% and 54%, respectively, from 2015, when 27 hotels sold for $1.8 billion, according to Atlas Hospitality Group in Irvine.
Motorcyclist magazine in Irvine will debut a new look with its March/April issue, which goes on sale Feb. 28.
Costa Mesa-based Volcom Inc. posted $256.8 million in 2016 revenue, a 13.5% decrease from the prior year, according to Kering S.A., its Paris-based parent.
The S&P 500 was up 0.4% in midday trading to 2,317.10.
John Wayne Airport reported 865,000 passengers flew in and out of the airport in November, up 3.5% year-over-year.
Disneyland Resort will open Star Wars Land in 2019, Walt Disney Co. Chairman and Chief Executive Robert Iger said on the company’s quarterly conference call.
Shares of Irvine-based Banc of California Inc. soared after the bank issued a statement saying an independent investigation exonerated the company of accusations by a blogger.
The S&P 500 was up 0.6% in midday trading to 2,308.68.