Orange County Business Journal

Software Maker Spreads Out With Global Showdowns

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.

Streamlined Innovation Propels Oakley as Parent Exercises More Control

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.

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Mobile Accessories Maker Buys Again

Incipio Group in Irvine acquired Nashville-based competitor Griffin Technology on undisclosed terms.

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Autobytel Q2 Sales Up 19%

Autobytel Inc. in Irvine beat Wall Street expectations for revenue for its second quarter that ended June 30.

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Skullcandy Touts Incipio’s Bigger Bid

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.

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Most Local Car Makers Best U.S. Pace

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.

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Emerald Buys Tennessee Shows

Emerald Expositions LLC in San Juan Capistrano acquired the International Gift Exposition in the Smokies from M&M Gift Shows in Toledo, Ohio.

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Boot Barn Meets Street Targets

Boot Barn Holdings Inc. met Wall Street expectations for revenue and earnings for the quarter that ended June 25.

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Skullcandy Nixes Incipio Offer

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.”

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New Global Brand Boss for Vans

Vans Inc. in Cypress promoted Doug Palladini to global brand president, effective immediately.

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$400M for 5.11

Compass Diversified Holdings LLC in Westport, Conn. acquired 5.11 Tactical in Irvine for $400 million.

Element Goes Outdoors, Debuts Line at REI

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.

Vizio Taps Into ‘Star Trek’ Universe for Movie Premiere

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.”

Latest Jannard Project ‘Most Mind-Numbing’

James Jannard was up at 4 a.m. last week, venting on Red Digital Cinema Camera Co.’s online users forum.

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Carole King Set for Segerstrom Fundraiser

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.

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Volcom Down in First 6 Months

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.

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In-N-Out’s Snyder Honored

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.

Former Asics Boss Looks to Future With Nostalgia Brand

APPAREL: Wulff, private equity team up for deal with adidas

Kevin Wulff is back in the game.

Toy Company Goes Pom-Pom Wild With Girls Brand

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.

Orange-Based Lender Taps Star Power

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.

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Vans Sales Jump Headlines Parent’s Quarter

Vans Inc. revenue was up 4% in July quarter, according to its Greenboro, N.C.-based parent, VF Corp.

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Apparel Company Buys Firm

Contravisual Brands Group LLC acquired Los Alamitos-based Sullen Clothing Inc. on undisclosed terms.

Sports Marketing Shop Goes Virtual on Giveaways

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?

2 More Crossover Accounts for Gallegos

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.

Agency Spreads Own Brand Around Globe

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.

Apparel Maker Rocks Out in the Recording Studio

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.

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Miller-Phipps Back in SoCal for Kaiser

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.

Agency Says Win at Cannes One for Racial Awareness

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.

Younger McKnight Wants Own Niche

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.

Kia Tops Premium Peers on J.D. Power Ranking

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.

Women-Owned Firms Turn Revenue Hike Into Big Job Gains

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.

By the Sweat of Her Brow

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.

Micro Greens, Mega Growth

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.

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Most OC Auto Brands Below U.S. Pace

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.

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Drybar Sells Stake to Atlanta PE Firm

Drybar Holdings LLC in Irvine sold a minority stake to Roark Capital Group, an Atlanta-based private equity firm, for an undisclosed amount.

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Sfeir to Chapman’s Anderson Center

Chapman University appointed Raymond Sfeir as the new director of the A. Gary Anderson Center for Economic Research, effective immediately.

PacSun Likely To Drop About 25% Of Its Stores

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.

DC Shoes Back to Catching Waves With Surf Team

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.

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Incipio Bids $177M for Skullcandy

Incipio LLC, an Irvine-based maker of cell phone cases and other mobile device accessories, has bid $177M for Skullcandy Inc.

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FivePoint to Sponsor Concert Venue’s Last Season

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.

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Karma Fills New Exec Post

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.

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SurfStitch Trims in Irvine

Australia-based SurfStitch Group Ltd. said it plans to eliminate 40 positions at Irvine-based subsidiary SurfStitch USA Inc.

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PacSun BK Auction Canceled

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 Gear Maker in NBA Deal

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.

Toll Roads System Picks New Agency to Draw Users

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.

Arbonne’s New Ambition

Leaner Firm Goes Global for Growth

Arbonne International LLC is living up to its name.

Top Oakley Execs Continue Exodus

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.

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Ad Agency Adds Exec

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.

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NBA Deal for FV Gear Maker

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.

Volcom’s New Ambassador Pick Stirs Brand’s Fans

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.

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