A bankruptcy court judge approved Quiksilver Inc.’s settlement agreement with 26 former employees, who were looking to collect about $7 million in severance pay, according to documents filed with the U.S. Bankruptcy Court for the District of Delaware.
Retail developer Steve Craig has been named chairman of New Majority California’s Orange County Chapter.
Kaiser Aluminum Corp. beat Wall Street expectations on revenue and earnings for the fourth quarter and full year.
MARKETING: Rainguard gets IndyCar deal Firestone let go
Rainguard International jumped the gun—in a good way.
RETAIL: 5 property owners, 10 shopping centers under umbrella
Irvine Company has joined forces with four other major retail property owners for a marketing effort intended to keep its Fashion Island shopping center in Newport Beach a must-see destination on luxury travelers’ itineraries.
Video Connects a Few Overseas With Home
Several big names were among thousands of viewers who praised Hyundai Motors America Inc.’s Super Bowl ad, including John Krafcik, the automaker’s former chief executive who now runs Waymo, a self-driving outfit and sister company to Google Inc.
iHeartMedia Revenue Platforms is shutting down its Aliso Viejo office and moving operations to Texas.
Element Skateboards Inc. in Irvine named David Brooks its new global general manager, the brand’s top executive position.
New Tool Lets Lenders Offer Credit Digitally
Experian PLC introduced “Amplified Prospecting,” a marketing tool that enables lenders to provide “a firm offer of credit” to target consumer groups via email and other forms of digital advertising.
Makeup Brand Remains Firmly Rooted in OC After $1.5B Sale to Estée Lauder
Estée Lauder Cos. Inc.’s $1.5 billion buy of Too Faced Cosmetics LLC kick-started the next chapter of the Irvine-based company, which now aims to expand its global reach and nearly double its workforce.
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.
Rakuten.com Shopping is moving from Aliso Viejo to San Mateo in the Silicon Valley in March.
‘Greater Potential’ Seen With McKnight’s Cuater
Huntington Beach-based TravisMathew Apparel closed a licensing deal with belt maker Cuater, citing “greater potential in combining forces.”
Wet Seal LLC in Irvine filed for Chapter 11 bankruptcy protection Thursday, and is taking steps to liquidate its assets.
Three 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.
Boot Barn Holdings Inc. reported mixed results for its December quarter, meeting Wall Street expectations on earnings but delivering below forecasts on revenue.
Sales of new vehicles at Orange County auto dealers plateaued at 191,910 last year after notching considerable gains for the previous six years, according to the Orange County Automobile Dealers Association.
Company Diversifies, Doubles Revenue, Seeks New Digs
Incipio is a Latin word that means “to begin.”
Chief financial officers were honored in five categories on Jan. 25 at the Orange County Business Journal CFO of the Year awards, which drew a crowd of about 600 to Hotel Irvine.
Instagram Audience Triples As Funny Pieces Viewed
The Buddy Group employed humor to help Pentel of America Ltd. reach “the mainstream audience who doesn’t think twice about pens.”
Ad agency Grupo Gallegos in Huntington Beach rebranded itself as GALLEGOS United after buying two companies on undisclosed terms—a New York-based digital agency Canvas and public relations shop RL Public Relations & Marketing in Los Angeles.
Emerald Expositions LLC in San Juan Capistrano acquired the CEDIA trade show from the Custom Electronics Design & Installation Association in Indianapolis, Ind., on undisclosed terms.
Executives were honored in five categories Wednesday night at the Orange County Business Journal CFO of the Year awards, which drew a crowd of about 600 to the Hotel Irvine.
Mazda North American Operations has set the stage for a new generation of executives to join its senior management in Irvine.
Irvine-based Wet Seal notified the state Employment Development Department that it plans to lay off 148 local workers by March 21. It listed a permanent closure as the reason.
Susan Crank, chief executive of Lunada Bay Corp. in Anaheim, died on Jan. 23 after a battle with cancer.
Viant Technology LLC in Irvine agreed to buy Waltham, Mass.-based Adelphic on undisclosed terms.
Picks Santa Monica Shop To Fortify ‘Emotional Ties’
Newport Beach-based Pacific Life Insurance Co. named M&C Saatchi LA in Santa Monica its advertising agency of record, and the agency’s first assignment will be creating a corporate brand awareness campaign that’s scheduled to launch in the summer.
Wet Seal LLC is exploring liquidation or a sale, according to news reports.
Fountain Valley-based Hyundai Motor America Inc.’s return to the Super Bowl will include a 90-second documentary filmed during the game that will air right after the final whistle.
Irvine-based Incipio Group promoted Ann Fong to chief operating officer, a new position.
Oakley Inc.’s Italy-based parent, Luxottica Group SPA, plans to combine operations with Essilor International S.A. in France, pending regulatory and shareholder approval.
‘Road to Authenticity’ Highlights City Vibe
The first ad campaign Vitro developed for El Pollo Loco Holdings Inc. in Costa Mesa, “Road to Authenticity,” launched after the holidays with a TV commercial that ties the brand to its Los Angeles roots.
RETAIL: Maintains store count, hikes focus on events, digital
Tilly’s Inc. plans to withstand challenges vexing the brick-and-mortars nationwide with a 2017 playbook that includes renewed focus on e-commerce as well as a red-carpet rollout for shoppers that do venture into its 225 stores.
Broncs Inc. in Compton has reached an initial deal with American Apparel LLC to take over the lease for its textile facility in Garden Grove, according to news reports.
Nordstrom Inc. in Seattle said it plans to close its department store at MainPlace Mall in Santa Ana in March. The closure will affect about 195 employees.
Werner Escher, South Coast Plaza’s executive director of domestic and international markets has died after a battle with cancer.
Courtney Group Inc. in Newport Beach acquired sandal brand Flojos from Conscious Corp. in Thousand Oaks on undisclosed terms.
Kia Motors America Inc. in Irvine debuted its first sports sedan Sunday at the North American International Auto Show in Detroit.
MARKETING: Irvine-based gear maker seeks locations around U.S.
Irvine-based 5.11 Tactical, an apparel and gear designer outfitting soldiers, firefighters and police officers, has a mission of its own—it plans to grow its 13-store retail lineup at a pace of one or two additions a month this year.
Tool Box Includes Beacon Technology, Data Analytics
Trade show producer Emerald Expositions LLC, a champion of face-to-face communication, appears to be thriving in the age of digital business models.
Line Features Palette Of Chinese Zodiac Critter
Vans Inc. in Cypress marked the Year of the Rooster—which runs from Jan. 28 to Feb. 15, 2018 on the Chinese calendar—with a specially designed shoe collection developed in cooperation with Shanghai-based designer Kim Kiroic.
Behind Lake Forest-Based Skate Brand’s Deal With French Rubber Giant
What do Pierre-André Senizergues and the Michelin Man have in common?
Privately held RAJ Swim in Tustin hired Brenda West as its new president, making her the first person outside the swimwear maker’s founding family to hold the position.
Skate brand etnies and Michelin today introduced “the toughest outsoles in history” for its Marana OG skate shoe.
Orange County-based automakers trailed the national sales pace in December even as most notched gains for the year, according to New Jersey-based market researcher Autodata Corp.
How Bailey Got Vans to $2 Billion
Kevin Bailey oversaw Vans Inc.’s upward trajectory to $2.2 billion in sales during a 7-year stint as president of the footwear and apparel brand—a performance that earned him a recent promotion and honors this week as the Business Journal’s Business Person of the Year in the marketing category.
AUTOMOTIVE: CEO switch, SUV surge, driverless car on radar
Hyundai Motor America Inc. needs a “diverse product lineup in its SUV segment” if it plans to increase its 4.6% share of a U.S. automarket that looks poised to plateau, industry insiders say.
Lands Guinness Record For Least Fuel for Hybrid
Kia Motor America Inc.’s 2017 Niro received a Guinness World Record title for the lowest fuel consumption for a hybrid car driving the U.S. from coast to coast.
Foothill Ranch-based Kawasaki Motors Corp. U.S.A. has arranged for Citi Retail Services to offer consumer financing via Kawasaki-branded credit cards at motorcycle manufacturer’s 1,100 authorized dealers.
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