Orange County Business Journal

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Two out of four Orange County-based automakers exceeded the national sales pace for new vehicles in January, according to New Jersey-based market researcher Autodata Corp. Hyundai Motor America in Fountain Valley sold 45,011 vehicles, up 1.1% over a year earlier and the best January in its history.

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Other items of interest Orange County Business Journal Vol. 39, No. 5

Huntington Beach-based Quiksilver Inc. selected a new board of directors to take over after bankruptcy proceedings end, according to documents filed with the U.S. Bankruptcy Court for the District of Delaware.

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Other items of interest Orange County Business Journal Vol. 39, No. 4

University of California-Irvine named Dr. Howard Federoff chief executive of UC Irvine Health.

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Other items of interest Orange County Business Journal Vol. 39, No. 3

Foothill Ranch-based Oakley Inc. filed a patent application for an eyeglasses concept that would project images onto an insert display lens similar to Google Glass, the Orange County Register reported.

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Other items of interest Orange County Business Journal Vol. 39, No. 2

California State University-Long Beach said Brian Jersky will be provost and senior vice president for academic affairs, effective June 1, replacing David Dowell, who is retiring.

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La Jolla Group LLC in Irvine acquired an equity stake in Laguna Beach-based apparel maker Roark Revival for an undisclosed amount.

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Other items of interest Orange County Business Journal Vol. 38, No. 51

Footwear manufacturer OluKai Inc. in Aliso Viejo acquired Newport Beach-based eyewear brand Kaenon for an undisclosed sum.

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Other items of interest Orange County Business Journal Vol. 38, No. 50

News reports said Foothill Ranch-based Oakley Inc. will eliminate more jobs following a 170-job trim earlier this year.

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Other items of interest Orange County Business Journal Vol. 38, No. 48

Irvine City Council gave conditional approval for a request by the Anaheim Ducks hockey team to build an ice rinks and training center at Great Park, according to the Orange County Register.

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Other items of interest Orange County Business Journal Vol. 38, No. 47

Lost Holdings in Irvine selected former Rip Curl executive Rick Petri as president, a new position.

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Other items of interest Orange County Business Journal Vol. 38, No. 46

Marshall B. Ketchum University in Fullerton said Edward Fisher will be dean of its new College of Pharmacy, effective Jan. 4.

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Other items of interest Orange County Business Journal Vol. 38, No. 45

Billionaire hedge fund manager George Soros reportedly pulled the $500 million investment he made about a year ago in a fund managed by Bill Gross at Janus Capital Group Inc.

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Other items of interest Orange County Business Journal Vol. 38, No. 44

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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Other items of interest Orange County Business Journal Vol. 38, No. 43

University of California-Irvine is ranked No. 31 on Bloomberg BusinessWeek’s list of full-time master’s in business degree programs.

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Other items of interest Orange County Business Journal Vol. 38, No. 42

Oaktree Capital Management LP’s turnaround plan for Quiksilver Inc. calls for combining the Huntington Beach-based footwear and apparel company with Australia-based Billabong International Ltd., a “source close to the situation” told the New York Post.

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Other items of interest Orange County Business Journal Vol. 38, No. 41

Disneyland raised prices for annual passes for the second time in less than a year.

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Other items of interest Orange County Business Journal Vol. 38, No. 40

The former Fisker Automotive and Technology Group is now Karma Automotive.

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Other items of interest Orange County Business Journal Vol. 38, No. 39

The Disneyland Resort in Anaheim could benefit from an investment Burbank-based parent Walt Disney Co. has made in a virtual reality filmmaker.

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Other items of interest Orange County Business Journal Vol. 38, No. 37

Eight Orange County universities were ranked on the U.S. News & World Report 2016 “Best Colleges” lists. The highest ranked local schools in their categories were University of California-Irvine and Chapman University in Orange.

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Other items of interest Orange County Business Journal Vol. 38, No. 36

Quiksilver Inc. in Huntington Beach is holding discussions with potential buyers in an effort to avoid bankruptcy and keep its stores, Bloomberg Business reported, citing sources close to the matter. The apparel and footwear manufacturer last month appointed Peter J. Solomon Co. in New York as an adviser.

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Other items of interest Orange County Business Journal Vol. 38, No. 35

Chapman University has put off a plan to expand its campus by 17 acres and add about 3,000 students, according to the Orange County Register.

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Disneyland and its counterpart in Florida will get a dedicated “Star Wars” section, Disney Chief Executive and Chairman Bob Iger announced at the company’s D23 Fan Expo in Anaheim (see related graphic, page 22).

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Other items of interest Orange County Business Journal Vol. 38, No. 33

Raj Manufacturing LLC in Tustin changed its name to Raj Swim LLC to better showcase the company’s culture.

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Other items of interest Orange County Business Journal Vol. 38, No. 32

Pacific Investment Management Co. said Securities and Exchange Commission staff are proposing the agency take civil action against the firm.

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Other items of interest Orange County Business Journal Vol. 38, No. 31

Cypress-based Mitsubishi Motors North America Inc. said it plans to end U.S. production.

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Other items of interest Orange County Business Journal Vol. 38, No. 30

Attorneys for former students of Santa Ana-based Corinthian Colleges Inc. are asking a court for permission to file a $2.5 billion claim against the bankrupt former operator of for-profit schools, the Wall Street Journal said.

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Other items of interest Orange County Business Journal Vol. 38, No. 29

Hyundai Motor America Inc. in Fountain Valley launched a Hyundai Recognized Collision Repair Center program, which will be administered by the Laguna Hills-based Assured Performance Network.

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Other items of interest Orange County Business Journal Vol. 38, No. 28

The Anaheim City Council voted 3-2 to extend by 30 years an admission ticket tax exemption for Disneyland and Disney California Adventure.

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Other items of interest Orange County Business Journal Vol. 38, No. 27

Walt Disney Co. proposed a $1 billion expansion of its Disneyland theme park in Anaheim that would include new attractions, parking and other infrastructure improvements—and it wants an extension on an exemption against any future entertainment taxes in the city in exchange.

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Other items of interest Orange County Business Journal Vol. 38, No. 26

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Other items of interest Orange County Business Journal Vol. 38, No. 25

Kia and Hyundai—both of which keep their U.S. headquarters in Orange County—rose to the top of J.D. Power and Associates’ “Initial Quality Study,” which gauges vehicles’ quality based on responses of more than 80,000 people who bought or leased a 2015 model vehicle.

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Other items of interest Orange County Business Journal Vol. 38, No. 24

Disneyland Resort pumps more than $5.7 billion into Southern California’s economy each year through its payroll, state and local taxes, and area spending by resort visitors, according to a study commissioned by Walt Disney Parks and Resorts.

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General Atlantic in New York said it acquired a majority stake in Irvine-based Too Faced Cosmetics from Weston Presidio for an undisclosed amount. The deal is estimated at $500 million, according to Women’s Wear Daily.

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Other items of interest Orange County Business Journal Vol. 38, No. 21

Frost Data Capital, a San Juan Capistrano-based investment firm and startup incubator, joined other venture investors to back Maana, a developer of big-data search engine technology.

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Other items of interest Orange County Business Journal Vol. 38, No. 21

Frost Data Capital, a San Juan Capistrano-based investment firm and startup incubator, joined other venture investors to back Maana, a developer of big-data search engine technology.

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Other items of interest Orange County Business Journal Vol. 38, No. 20

Tesla Motors Inc. plans to open a showroom and service center in Buena Park this summer, its second in Orange County.

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Other items of interest Orange County Business Journal Vol. 38, No. 19

Conan Hayes, a cofounder of Costa Mesa-based apparel company RVCA, was charged with grand theft in a case involving the financing of a house in Costa Mesa.

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Other items of interest Orange County Business Journal Vol. 38, No. 18

San Clemente-based Stance Inc. signed a licensing agreement to become the official sock brand for the National Basketball Association. Financial terms of the multiyear deal, which kicks off with the 2015 Samsung NBA Summer League in July, were undisclosed.

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Other items of interest Orange County Business Journal Vol. 38, No. 17

Tilly’s Inc. started a search for a new chief financial officer to replace Jennifer Ehrhardt, who’s leaving in June to “pursue other professional interests.”

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Other items of interest Orange County Business Journal Vol. 38, No. 16

The U.S. Department of Education fined a subsidiary of Santa Ana-based Corinthian Colleges Inc. $29.7 million for alleged misrepresentation of job placement rates in 947 cases by San Francisco-based Heald College.

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Other items of interest Orange County Business Journal Vol. 38, No. 14

California State University-Fullerton President Mildred Garcia was named to a national commission that will seek “practical solutions” to the increasing cost of a college education, the university said.

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Other items of interest Orange County Business Journal Vol. 38, No. 13

Quiksilver Inc. promoted Pierre Agnes from president to chief executive as part of a shakeup in the company’s top echelons.

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Other items of interest Orange County Business Journal Vol. 38, No. 12

Irvine-based Kia Motors America Inc. recalled 208,858 of its Soul and Soul EV models due to a problem with the gas pedal, according to the National Highway Traffic Safety Administration.

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Other items of interest Orange County Business Journal Vol. 38, No. 11

The Walt Disney Co. said it has no plans for a third theme park at the Disneyland Resort, dispelling long-running rumors, according to the Orange County Register.

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Other items of interest Orange County Business Journal Vol. 38, No. 10

The Orange County Automobile Dealers Association in Newport Beach announced its 2015 board of directors.

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Other items of interest Orange County Business Journal Vol. 38, No. 9

Asics America Corp. said it surpassed $1 billion in sales for the first time last year, a 14.9% year-over-year increase.

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Other items of interest Orange County Business Journal Vol. 38, No. 8

Irvine-based Mazda North American Operations announced the winners of its 2015 Mazda Gold Cup award—four of them based in Orange County.

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Other items of interest Orange County Business Journal Vol. 38, No. 6

The company that plans to buy 50 campuses of Santa Ana-based Corinthian Colleges Inc. said it would forgive $480 million in private student loans in exchange for federal approval for the deal, according to a news report.

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Other items of interest Orange County Business Journal Vol. 38, No. 5

Walt Disney Parks and Resorts notified the state Employment Development Department on Jan. 15 that it will lay off 85 employees from a Fullerton location, effective May 29.

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Other items of interest Orange County Business Journal Vol. 38, No. 3

Other items of interest Orange County Business Journal Vol. 38, No. 3

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