Orange County Business Journal

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Two Freedom Shareholders Press for Receivership

Two investors who helped Aaron Kushner and Eric Spitz finance the purchase of Freedom Communications in 2012 have asked the Delaware Chancery Court to put the media company’s operations into receivership, claiming “it needs independent oversight because the company is insolvent and in financial distress from mismanagement,” according to the website Law360.

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Two Freedom Shareholders Press for Receivership

Two investors who helped Aaron Kushner and Eric Spitz finance the purchase of Freedom Communications in 2012 have asked the Delaware Chancery Court to put the media company’s operations into receivership, claiming “it needs independent oversight because the company is insolvent and in financial distress from mismanagement,” according to the website Law360.

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Two OC Automakers Beat U.S. Sales Numbers

Two Orange County-based automakers beat national new-vehicle sales figures in October as the other two fell below U.S. averages, according to New Jersey-based market researcher Autodata Corp.

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Hyundai, Kia Reach Settlement With EPA

Hyundai Motor Co. and Kia Motors Corp. have reached a $350 million settlement with the U.S. Environmental Protection Agency and the U.S. Department of Justice on charges that the South Korea-based automakers violated the Clean Air Act by overestimating mileage claims.

St. John Knits Looks for New CEO

Geoffroy van Raemdonck will step down as chief executive of Irvine-based high-end knitwear maker St. John Knits International Inc., according to California Apparel News.

China-Based Shoe Brand Starts in OC

APPAREL: Initial focus on wholesale from Irvine HQ

The Irvine-based arm of a major sports apparel and footwear brand in China launched a website last week, marking its first foray into the U.S. market.

Vizio Title Sponsor of 2014 Fiesta Bowl

Irvine-based Vizio Inc. signed on as the title sponsor of the 44th Annual Fiesta Bowl, which is scheduled to take place Dec. 31 at University of Phoenix Stadium in Glendale, Ariz.

Toshiba Ads to Medical Pros: You Have a Voice

Aims to Distinguish Firm From Rivals in Industry

Toshiba America Medical Systems has launched an advertising campaign that aims to position the Irvine-based diagnostic imaging company as one that “adapts to and understands its customers’ business,” according to Nancy Gillen, its vice president of marketing.

Boot Barn IPO Paves Way for Next Step of Growth Plan

RETAIL: Steady pace on new stores after recent acquisitions

Boot Barn Holdings Inc. plans to use the money it raised in last week’s initial public offering to pay down debt and continue a push to bring its Western gear to shoppers coast-to-coast.

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Oakley, Garmin in Goggle Deal

Oakley Inc. said it has partnered with Garmin International Inc., which makes GPS navigation devices, to “expand functionality” of its Oakley Airwave 1.5 alpine ski and snowboard goggles.

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Pac Communications Founder to Retire

Pacific Communications President Ryan Abbate said he will retire at the end of the year.

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Boot Barn Goes Public

Boot Barn Holdings Inc. began trading this morning priced at $16 a share and rose 12.8% to $18 a share and a market cap of $450 million in midday trading.

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Boot Barn Sets IPO Price

Boot Barn Holdings Inc. has priced its initial public offering of 5 million shares of its common stock at $16.

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OC Auto Sales on Pace for 7.3% Gain

Sales at Orange County auto dealers rose 6.4% to 46,540 vehicles in the third quarter compared to the same period last year—the 16th consecutive quarterly improvement, according to the Newport Beach-based Orange County Automobile Dealers Association.

OC Auto Sales on Pace to Reach 7.3% Gain

Sales at Orange County auto dealers rose 6.4% to 46,540 vehicles in the third quarter compared to the same period last year—the 16th consecutive quarterly improvement, according to the Newport Beach-based Orange County Automobile Dealers Association.

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Vizio New Title Sponsor for Fiesta Bowl

Irvine-based Vizio Inc. has signed on as the title sponsor of the 44th Annual Fiesta Bowl.

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St. John Knits CEO to Step Down

Geoffroy van Raemdonck will step down as the chief executive of the Irvine-based high-end knitwear maker St. John Knits International Inc., according to California Apparel News.

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Mazda to Debut CX-3 at LA Auto Show

Mazda Motor Corp. said it plans to introduce a compact crossover SUV, the Mazda CX-3, at the Los Angeles Auto Show next month.

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Mazda to Debut CX-3 at LA Auto Show

Mazda Motor Corp. said it plans to introduce a compact crossover SUV, the Mazda CX-3, at the Los Angeles Auto Show next month.

Digital Ad Tracker’s Cake Gets New Look, Goals

MARKETING: Accelerize sells self in Nasdaq aim

Tracking digital ad campaigns is a piece of cake, according to Accelerize Inc.—its own Cake, that is.

Kia Hires Multicultural Ad Shop

Kia Motors America has hired a Chicago-based advertising agency to help drive its “U.S. multicultural communication strategy as well as diversity and inclusion efforts internally and externally.”

Chain’s Mascot Takes Wild Ride in Pursuit of Future

Wienerschnitzel Sponsors Gibbs Racing Team in NC

Look for Wienerschnitzel’s mascot, The Delicious One, running down the motocross race track.

Brea Mall Enlists Style Website to Draw Millennial Shoppers

Connecting brick-and-mortar stores with Millennials who are savvy online consumers can be a challenge.

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Mazda New SXSW Sponsor

Mazda North American Operations has signed on as the official automobile sponsor of the South by Southwest Music Conference and Festival in Austin, Texas for the next three years.

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Kia Hires Multicultural Ad Shop

Kia Motors America has hired a Chicago-based advertising agency to help drive its “U.S. multicultural communication strategy as well as diversity and inclusion efforts internally and externally.”

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Kia Hires Multicultural Ad Shop

Kia Motors America has hired a Chicago-based advertising agency to help drive its “U.S. multicultural communication strategy as well as diversity and inclusion efforts internally and externally.”

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Another Double-Digit Sales Gain for Vans

Vans Inc.’s revenue rose 12% in the third quarter, a 20th consecutive reporting period with double-digit gains for the Cypress-based unit of VF Corp. in Greensboro, N.C.

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Kaiser Aluminum Misses Profit, Revenue Estimates

Shares of Kaiser Aluminum Corp. fell 8.8% to about $68.5 and a market cap of about $1.31 billion in after-hours trading Monday as the Foothill Ranch maker of semi-fabricated aluminum products posted $15.9 million in earnings for the third quarter, good for 85 cent a share.

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Recalls for Mazda, Mitsubishi

Some 18,000 Mazda vehicles are the subject of a National Highway Traffic Safety Administration advisory that urges owners to “act immediately on recall notices” on defective airbags made by Takata Corp.

Oakley Takes to the Powder in New Feature Film

Major Snowboarders Tell Their Stories

Oakley Inc. followed some of the biggest names in snowboarding—Shaun White, Mark McMorris, Ståle Sandbech, Jake Blauvelt and Nicolas Müller—down the slopes in Finland, British Columbia, Norway and Japan to produce “Snowboarding: For Me.”

Irvine Ad Tech Firm to Combine With Kitara

Future Ads LLC, an Irvine-based advertising technology company, will combine with Jersey City, N.J.-based Kitara Media Corp., which focuses on video advertising. The transaction is expected to close by Dec. 31.

Quiksilver Cofounder Mulls His, Company’s Future

APPAREL: Board names new execs as it aims for turnaround

Robert McKnight Jr., co-founder of Quiksilver Inc., is leaving his post as the company’s executive chairman at the end of the month as the Huntington Beach-based action sports apparel and footwear manufacturer struggles with reduced quarterly revenues.

Retooled Mitsubishi Message

AUTOMOTIVE: Once figured for exit, increases sales 29.8%

Mitsubishi Motors North America Inc., despite a slim model lineup, is out to prove all the doubting Thomases wrong.

Register Head Shares Early Plans

Register Head Shares Early Plans

Richard Mirman, three days on the job as interim publisher and chief executive of the Orange County Register and Freedom Communications Holdings Inc.’s other publications, counted the perks his new role has to offer.

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Kia Signs LeBron James as New Brand Ambassador

Kia Motors America selected Cleveland Cavaliers’ forward LeBron James as its K900 Luxury Ambassador.

Quiksilver Names New Leaders

Quiksilver Inc. said Chief Executive Andy Mooney will take over as chairman of its board directors after Executive Chairman Robert McKnight Jr. and Charles S. Exon, chief legal officer and secretary of the board, retire on Oct. 31.

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Wet Seal to Cut Workforce

The Wet Seal Inc. said it’s “begun the initial steps” to reduce its overall cost structure.

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Freedom Appoints New Publisher for OC Register

Freedom Communications Holdings Inc. in Santa Ana named Richard Mirman interim publisher and chief executive of the Orange County Register, the Press-Enterprise and its other community newspapers, magazines and websites, the company reported Monday.

OC Register Gets New Publisher

Freedom Communications Holdings Inc. in Santa Ana named Richard Mirman interim publisher and chief executive of the Orange County Register, the Press-Enterprise and its other community newspapers, magazines and websites, the company reported Monday.

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Irvine Ad Tech Firm Merges

Future Ads LLC, an Irvine-based advertising technology company, said it will merge with Jersey City, N.J.-based Kitara Media Corp., which focuses on video advertising.

Mitsubishi Motors Commits to Latino Ad Campaign

MARKETING: Grupo Gallegos tapped for return to ethnic niche

Cypress-based Mitsubishi Motors North America Inc. has tapped an advertising agency in Huntington Beach for a national campaign aimed at Latino-Americans, the automaker’s first bid to target the fast-growing ethnic niche since 2004.

Kia Motors Puts Sedona in Sexy Light With New Ads

Campaign Aims Vehicle At Older Millennial Parents

"It’s not a minivan. It’s a Sedona.”

Innocean’s Little-Picture Mentality Pays Off Big

ADVERTISING: Agency made for Hyundai lands NRG account

Innocean USA is diversifying its client portfolio by following a simple motto: “Think big but act small.”

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Wunderman Sheds Southwest, Hires Two

The Irvine office of New York-based advertising agency Wunderman will no longer handle the Southwest Airlines Rapid Rewards account after the end of the year, according to Regional Managing Director Dan Olson.

Gross Hits PR ‘Grand Slam’ With Job Shift

MARKETING: Estimates of boost to Janus brand range upward of $300M

The $1 billion increase in market value that Janus Capital Group Inc. got on news that Bill Gross had joined the company wasn’t the only windfall for the Denver-based fund manager.

South Coast Plaza Puts Southern Charm in Fall Catalog

Shops’ Offerings Pictured in Old South Settings

South Coast Plaza’s Fall Portfolio, featuring Gucci model Nadia Bender, highlights a different sort of south.

Tilly’s One-Man Legal Shop

Work at O’Melveny, Other Companies, Prepared Him for Role

A glance at Christopher Lal’s appointment book for a recent Monday shows a man who has his hands in many pots at Irvine-based Tilly’s Inc.

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Wet Seal CFO Steps Down

Steven Benrubi has resigned from his post as Wet Seal Inc.’s executive vice president and chief financial officer, the company announced in its regulatory filings Thursday

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Two OC Automakers Beat National Sales Numbers

Two of the four Orange County-based automakers beat the industry in September, according to Autodata Corp.

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Irvine Bank Scores Ducks Deal

Pacific Premier Bank in Irvine said it became the official business bank of the Anaheim Ducks professional hockey team and Honda Center in Anaheim.