Three of five OC automakers posted strong a strong month to close a generally down 2018 for local manufacturers.
The S&P 500 was up 0.3% to 2,4947.27; the Dow Jones Industrial Average rose 0.3% to 23,207.06; the Nasdaq was up 0.4% to 6,605.61.
MANUFACTURING: Deal targets trucks, RVs
Mission Critical Electronics LLC is powering up following a super-charged acquisition under Newport Beach-based private equity firm Windjammer Capital Investors.
Sariñana Counts 5M Instagram Followers
Surfwear label Billabong, owned by Huntington Beach-based Boardriders Inc., tapped social media influencer Julie Sariñana for a collection that’s set to launch in stores and online in March.
Not even Orange County’s largest and most profitable mall operators can escape the effects of a changing retail landscape, where big-box retailers and large department stores continue to go the way of the dinosaurs.
Hyundai Announces Ads; Kia Coy on SB 53 Plans
Less than two months before the big football game—and the biggest day in advertising—Fountain Valley-based automaker Hyundai Motor America and Kia Motors North America in Irvine already have their sights set on Super Bowl 53. But while Hyundai is announcing its game plan, Kia is keeping its playbook close to the vest for now.
$19.9M Asking Price Down $2M From 2017
A Bay Island house on the tip of the private enclave in Newport Beach only accessible by foot or golf cart, is back on the market after getting a $2 million price chop.
AUTOMOTIVE: Fuels up with Air Liquide investment
The next wave of alternative-fuel vehicles zipping around Orange County are hydrogen-powered cars, and an Irvine-based upstart with a growing list of investors, FirstElement Fuel Inc., is ready to lead the pack.
First Location in City, More Are On the Way
Taco Bell made some noise with the opening of its first London eatery last month—and that’s not even factoring in sounds of the police that showed up, the noises of a confused crowd, or the helicopter that circled overhead.
U.S. stocks again dropped amidst fears of a slowdown and rising trade tensions with China.
APPAREL: New CEO ditches activewear
Cooler fall temperatures are now hitting Orange County, but things are starting to heat up inside the offices of swimwear manufacturer Manhattan Beachwear Inc.
Home Has Six Bedrooms, Elevator, Golf Cart Garage
City of Industry-based Morris Group International President and Chief Executive Don Morris is settling into a steel-framed home with his wife, Mimi, in The Strand at Headlands gated community in Dana Point.
$1.7 Billion for OC’s 95 Largest Organizations
Nonprofit organizations in Orange County hit double digit growth on this year’s Business Journal list, reporting $1.7 billion in revenue for the 12 months ended June 30, up 11% year-over-year.
Automotive: Hyundai unveils flagship SUV
Orange County’s cadre of automakers revealed the global launches of several models and concept designs last week at the largest auto show on the West Coast.
Bokota Juggles Job With IUSD Board Duties
Paul Bokota wears a lot of hats outside of his day job as vice president and division general counsel for Spectrum Brands Inc. in Lake Forest.
Larson Cuts Employee Case Settlements 90% as Headcount Triples
Indiana native Bruce Larson has spent his professional career in Orange County—thanks to his parents.
TRADE SHOWS: $45M buy tops for this year
Emerald Expositions Events Inc. (NYSE: EEX) is spending plenty of green, and its in-flux executive team thinks the aggressive growth strategy the trade show operator has undertaken over the past few years is still the best course.
Irvine’s Estée Lauder Unit Sells to Travelers
Beauty on the go is the next frontier for cult beauty label Too Faced Cosmetics LLC based in Irvine.
New Campaign to Tune Of Unique Mariachi Song
Two of Orange County’s top automakers—Kia Motors America and Mitsubishi Motors North America Inc.—are seeking to boost sales in the Latino market with new ad campaigns.
New Wellness Package First of Its Kind in OC
A soon-to-be completed bluffside home in Corona del Mar overlooking Newport Harbor is on the market with an asking price of $20 million.
Select Interior Concepts Inc., an Anaheim-based building products and services company, reported third quarter sales increased 35% to $127.6 million from the same period a year earlier.
TYR Olympic Plans Begin With String of Endorsement Deals
The 2020 Summer Olympics in Tokyo may be 19 months away, but Seal Beach-based swim and sportswear manufacturer TYR Sport Inc. is already putting in the work in order to walk away with a number of gold medals.
Footwear, Apparel Brand Taps DJ Steve Aoki, Others
The latest iteration of the “I Move Me” North America campaign for Asics America Corp. debuted two weeks ago, once again featuring Grammy-nominated producer/DJ Steve Aoki.
OC-Based Automakers, Meanwhile, Up Workforce
Orange County’s largest auto dealers reported their seventh straight year of increased sales.
INNOVATION: Feminine care lines’ raises $17.5M
Buena Park-based startup Rael Inc. picked up significantly more interest from investors last week.
$8.6 Billion at Top 37 Shopping Centers in OC
Redevelopment and reinvention appears to be paying off for Orange County’s largest shopping centers.
AutoWeb Inc. (Nasdaq: AUTO), an Irvine-based marketing firm for automakers and dealers, reported a third quarter loss of $18 million, or $1.41 per share, compared to net income of $69,000 a year ago.
‘For Real’ Strategy, Extra Guac Help Drive Sales 4.4%
Chipotle Mexican Grill Inc. (NYSE: CMG) is seeing real results from its recently unveiled “For Real” campaign. Or perhaps a change in scenery is already helping the burrito maker.
Crystal Cove Project Lists For $38M; Another Sells
A cliffside estate in Laguna Beach that was an eight-year remodeling labor of love for owner Mark Hammond and his late wife, Christina, is pocket-listed for $38.9 million.
Sales by OC automakers were mixed in October with three of the five local companies reporting an increase.
ClickFox, Reputation Sites Geared to B2B Firms
Two is better than one for consumer insights and analytics firm J.D. Power.
‘Well-funded’ carmaker on hiring spree
Luxury automaker Karma Automotive has been rolling out its $130,000 2018 Revero models across the country over the past year, but the hefty price tag doesn’t seem to be exclusive enough for the Irvine-based luxury electric car company.
Stock Up 50% Year-Over-Year
Specialty retailer Boot Barn Holdings Inc. is kicking up its heels to the tune of double-digit growth.
Work and Western boot and apparel retailer Boot Barn Holdings Inc. (Nasdaq: BOOT) reported net income of $4.5 million, or 16 cents per share, beating analyst predictions of 9 cents per share, in its second quarter earnings report Thursday.
Irvine-based outsourcing company Alorica Inc. added of three locations in Asia on Thursday, further expanding its presence in the region and growing its employee count by more than 5,000.
The University of California-Irvine said Tuesday it received a five-year grant for $14.7 million from the U.S. Department of Education.
Rap Video Shows Off Duffy, City, Pricey Home
One of the most expensive waterfront listings on Balboa Peninsula has attracted quite a buzz, not only for its $44.9 million price tag, but also for promotional music video “Teach Me How to Duffy”—a parody of the 2011 “Teach Me How to Dougie” by Los Angeles-based hip-hop group Cali Swag District.
MARKETING: 2 buys this year, third in works
It will be another year of double-digit growth for Costa Mesa-based digital printer Crisp Imaging—at a time others in the commercial printing industry are struggling to keep up with the digital revolution.
NB’s Brand Amp Stays As Agency of Record
The beat goes on for Cypress-based automaker Mitsubishi Motors North America Inc.
Andrew Brown succeeds Elizabeth Pearson as president and chief executive of Pacific Chorale, resident of the Renée and Henry Segerstrom Concert Hall at Segerstrom Center for the Arts.