Cylance Goes on Tour With Part of $100M Raise
Irvine-based software maker Cylance Inc., which recently raised $100 million in a Series D round, is using some of the funds to boost its international marketing initiatives.
APPAREL: Boosts eyewear, centralizes operations under Milan
Oakley Inc. parent Luxottica Group SPA is rooting for its own at the Olympic Games in Rio de Janeiro this month, tallying medals won by Team Oakley.
Incipio Group in Irvine acquired Nashville-based competitor Griffin Technology on undisclosed terms.
Autobytel Inc. in Irvine beat Wall Street expectations for revenue for its second quarter that ended June 30.
Incipio LLC upped its offer to buy Skullcandy Inc. from $5.75 per share to $6.10 per share, or approximately $188.6 million, according to the Irvine-based maker of cellphone cases and other mobile device accessories.
Three out of four Orange County-based automakers exceeded the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.
Emerald Expositions LLC in San Juan Capistrano acquired the International Gift Exposition in the Smokies from M&M Gift Shows in Toledo, Ohio.
Boot Barn Holdings Inc. met Wall Street expectations for revenue and earnings for the quarter that ended June 25.
Irvine-based Incipio LLC’s bid for Skullcandy Inc. was rejected by the audio equipment manufacturer’s board of directors, in favor of a “superior proposal.”
Vans Inc. in Cypress promoted Doug Palladini to global brand president, effective immediately.
Compass Diversified Holdings LLC in Westport, Conn. acquired 5.11 Tactical in Irvine for $400 million.
APPAREL: Also in deal with MLB on skateboard insignia
Element is after customers in the “urban outdoor enthusiast” crowd who might have left skateboarding behind but still recall it fondly.
Sponsors Launch, Puts Flicks on TV-Control App
Vizio Inc. partnered with Paramount Pictures Corp. to mark the July 22 theatrical release of “Star Trek Beyond.”
James Jannard was up at 4 a.m. last week, venting on Red Digital Cinema Camera Co.’s online users forum.
The Segerstrom Center for the Arts in Costa Mesa plans to mark its 30th anniversary with a fundraising concert headlined by Grammy Award-winner Carole King.
Costa Mesa-based Volcom Inc. posted $121.8 million in revenue for the first half of 2016, a 14.9% decrease compared to the same period last year, according to Kering, its Paris-based parent.
In-N-Out Burgers Inc. President Lynsi Snyder made a rare public appearance today at the Disneyland Hotel to pick up the 2016 Most Trustworthy Leader Award, while her Irvine–based company beat co-finalists Yard House USA Inc. in Irvine and BJ’s Restaurants Inc. in Huntington Beach for top honors in the restaurant chain category.
APPAREL: Wulff, private equity team up for deal with adidas
Kevin Wulff is back in the game.
Pellets That Morph Into Poms Sold at Big Retailers
Taya Toys launched “Pom Pom Wow,” an arts-and-crafts brand for girls that’s supported by a “robust marketing plan including a television campaign, social media engagement, trendsetter outreach, experiential events, and a brand website offering product-driven experiences,” the Cypress-based company said.
Reverse-Mortgage Outfit Set for $60M Ad Budget
New TV ads from American Advisors Group are set to air next week, featuring actor Tom Selleck as the new face of the fast-growing reverse mortgage lender in Orange that posted just under $250 million in revenue last year.
Vans Inc. revenue was up 4% in July quarter, according to its Greenboro, N.C.-based parent, VF Corp.
Contravisual Brands Group LLC acquired Los Alamitos-based Sullen Clothing Inc. on undisclosed terms.
MARKETING: Golfsmith, Dave & Buster’s coupons yield data
Looking to take home a Rally Monkey or a Mike Trout bobblehead for your collection of baseball memorabilia?
MARKETING: To craft ads for brewery, Hass Avocado Board
Grupo Gallegos defines itself as a “culturally attuned” ad shop—and its newest accounts support the contention.
MARKETING: Links with London, Hong Kong shops for B2B work
BrandingBusiness helps companies in transition develop market strategies—the stories they tell to customers and employees. Now other agencies are taking note of the Irvine-based firm’s own brand proposition and adopting it as their nameplates.
Altamont Adds Indie Punk Records to Its Lineup
Lake Forest-based Altamont recently added music producer to its duties as a skate apparel manufacturer—perhaps not a surprise for a label named after a 1960s rock festival.
Julie Miller-Phipps, former executive director of Kaiser Permanente’s Orange County service area, has been named president of the organization’s Southern California region, effective next month.
Amusement Park Work On Video Gets It Lion Award
Amusement Park in Santa Ana won a Bronze Lion in the film craft category at the Cannes Lions International Festival of Creativity for its “use of original music” in a video promoting HARMAN International’s JBL brand of wireless speakers.
APPAREL: Cuater seeks new status for belts in men’s fashion
The son of Quicksilver founder Bob McKnight has launched an upscale belt maker targeting wearers of surf apparel.
1st Nonpremium Brand On Initial Quality List in Years
Kia Motors America Inc. in Irvine topped J.D. Power’s 2016 Initial Quality Study—the first nonpremium brand to do so in the past 27 years.
ECONOMY: Largest up 20% overall, 9.2% on local hires
Orange County’s biggest women-owned businesses generated more than $3.75 billion in revenue last year, a 7% annual increase and the sixth consecutive year of growth.
Expansion in Irvine Done; Asia Growth Ongoing
Chief Executive Natalie Plain is looking for a “perfect partner” to help shape the future of her Billion Dollar Brows business.
Urban Produce to License Vertical Growing System
Urban Produce LLC has branched out—it’s started licensing its high-density vertical growing system in hopes the move will account for about 70% of its revenue within the next five years.
One of four Orange County-based automakers exceeded the national sales pace for new vehicle sales in June, according to New Jersey-based market researcher Autodata Corp.
Drybar Holdings LLC in Irvine sold a minority stake to Roark Capital Group, an Atlanta-based private equity firm, for an undisclosed amount.
Chapman University appointed Raymond Sfeir as the new director of the A. Gary Anderson Center for Economic Research, effective immediately.
APPAREL: Poor-performing shops targeted post-bankruptcy
Pacific Sunwear of California Inc. is likely to emerge from bankruptcy with about 450 stores, 25% fewer than it had prior to its Chapter 11 filing, said Ivan Friedman, founder and chief executive of RCS Real Estate Advisors in New York, which is handling lease negotiations for the Anaheim-based retailer.
Reinstates Sponsorship To Go With Skate Event
DC Shoes reinstated its surf team after a three-year hiatus. The footwear and apparel brand, owned by Quiksilver Inc. in Huntington Beach, will sponsor four athletes: Bruce Irons and Ezekiel Lau from Hawaii, Kanoa Igarashi from Huntington Beach, and Leo Fioravanti from Rome.
Incipio LLC, an Irvine-based maker of cell phone cases and other mobile device accessories, has bid $177M for Skullcandy Inc.
FivePoint Holdings in Aliso Viejo said it will sponsor the final concert series at Irvine Meadows Amphitheater and is also exploring building an amphitheater on the south end of the Orange County Great Park in Irvine.
Karma Automotive LLC, the Costa Mesa-based manufacturer of luxury electric hybrid plug-in vehicles, hired Dennis Dougherty as president and chief operations officer, a new position.
Australia-based SurfStitch Group Ltd. said it plans to eliminate 40 positions at Irvine-based subsidiary SurfStitch USA Inc.
The bankruptcy auction for assets of Pacific Sunwear of California Inc. in Anaheim has been canceled, with San Francisco-based private equity firm Golden Gate Capital now set to acquire all of the retailer’s assets.
Fountain Valley-based United Sports Brands’ Shock Doctor was named the official mouth guard of the National Basketball Association, Women’s National Basketball Association, NBA Development League and USA Basketball.
Replaces Everything LA With DB&M Media
DB&M Media Inc. in Costa Mesa will replace EverythingLA on a marketing contract with the San Joaquin Hills and Foothill/Eastern Transportation Corridor Agencies after the Irvine-based incumbent’s three-year deal expires June 30.
Leaner Firm Goes Global for Growth
Arbonne International LLC is living up to its name.
APPAREL: Parent Luxottica tightens grip in Foothill Ranch
A trio of top executives have joined an exodus from Oakley Inc. as Italy-based parent Luxottica Group SPA looks to streamline operations at One Icon in Foothill Ranch.
Huntington Beach-based Grupo Gallegos created a new management post to be shared between an in-house executive and a new hire, effective July 18.
Fountain Valley-based United Sports Brands’ Shock Doctor has been named the official mouthguard of the National Basketball Association, Women’s National Basketball Association, NBA Development League and USA Basketball.
Mick Jagger’s Daughter Considered Weak Choice
Volcom LLC, looking to shed its surf-only brand image, hired Georgia May Jagger, daughter of Mick Jagger and Jerry Hall to be the Costa Mesa-based footwear and apparel manufacturer’s new global brand ambassador.