‘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.
Sales by OC automakers were mixed in October with three of the five local companies reporting an increase.
Stock Up 50% Year-Over-Year
Specialty retailer Boot Barn Holdings Inc. is kicking up its heels to the tune of double-digit growth.
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.
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.
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.
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.
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.
AUTOMOTIVE: eighth largest car show in US
Car aficionados marveled at engines while others took the driver’s seat last week at the 54th annual Orange County International Auto Show, the eighth-largest car show in the country.
Pro Drivers, Red Bull Affiliation for 2019 Model
Professional race car driver Collete Davis hits the gas in the latest spots for Kia Motor America.
U.S. stocks rebounded on Friday, following steep drops in the prior two trading sessions.
APPAREL: Sales push for V.F. Corp.’s No. 1
Vans might soon need a bigger skate pool at its Costa Mesa headquarters if its executives’ brash proclamations of corporate growth over the next five years come to fruition.
About 230K Students At Schools on Directory
This year marks the debut of the Business Journal’s list of OC community colleges, which features enrollment in the 12 months ending on Sept. 30.
Christian School Starts Building Out Master Plan
Nearly 300 people gathered on Vanguard University’s 40-acre campus for the recent groundbreaking of its $10.4 million student center, which will take on the Spanish Mission-style look of its newer buildings and replace an existing cafe and bookstore.
6.5% Drop Steeper As Intl. Schools Take Share
Enrollment in area schools MBA programs fell in the 12 months ended Sept. 30.
Post-Buy, Looks Overseas; Invests in M. Obama Cause
Collegewise is reaching higher one year after being acquired by Singapore-based A-Star Education Holdings, formerly ChangedEDU Holdings, for an undisclosed sum.
Groundbreaking Student Pads One of Last Pieces
Construction crews were standing by at Orange Coast College as the Costa Mesa-based institution held a groundbreaking ceremony for a 323-unit student housing project.
Rebuilt Estate Few Doors Down From Portabello
Perched on a cliff in the Corona del Mar community of Cameo Shores is a contemporary-style home reminiscent of a Balinese resort. Its asking price is $27.9 million.
New Campaign on Heels Of Newport Beach Move
Yes, Chipotle Mexican Grill Inc. is for real.
Indexes were lower today on sales of tech stocks and higher Treasury bond yields.
Nearly all of the OC automakers reported a drop in September sales on Tuesday with the exception of Fountain Valley-based Hyundai Motors North America.
Producers’ Progress Slows In 6-Year Streak of Gains
The largest insurance brokerages in Orange County continued their way up last year, local revenue rising 6.3% to $745.4 million—the sixth straight year of steady growth. However, it’s the first time since 2012 that revenue growth dipped below 7%, as post-recession growth plateaued.
Tire Maker Signs On For Rallycross Event
Riders were burning rubber late last month at the Nitro World Games, a fast-growing action-sports competition now in its third year.
$10M in VC Funds; Employee-Friendly Vibe
Nick Newsom’s interest in communications started when his dad gave him a ham radio as a kid.
Employers Seek More Benefits to Lure Talent
Employers are beefing up benefits, such as expanded life insurance and improved disability and supplemental benefits for critical illnesses, disabilities and even identify theft.
Tom Park has been named chief executive of Irvine-based consumer tech firm Incipio Group, the company said on Thursday.
Tustin-based Foundation Building Materials Inc. (NYSE: FBM), a distributor of building products, said Thursday it will sell its mechanical insulation business to Dunes Point Capital LP of Rye, N.Y., for $122.5 million.
Fountain Valley-based consumer electronics company OrigAudio LLC has been acquired by HUB Promotional Group in Braintree, Mass. for an undisclosed sum.
David Ivers has been appointed artistic director of South Coast Repertory, succeeding Marc Masterson.
Huntington Beach-based Nuvision Credit Union announced Monday that it will merge with Anchorage, Alaska-based Denali Federal Credit Union, effective Oct. 1.
OC Billings Up 10% For Areas Top 38 Firms
Orange County’s top 38 engineering firms reported another year of growth with a nearly 10% increase in OC billings to $1.2 billion.
OC Billings Top $500M for First Time
It’s been a good year for architecture firms in Orange County, who have benefited from increased work as corporate clients look to reimagine their workspaces, as well as a continuing boom in residential development in the county.
NY’s Jun Group Opened OC Office in 2015
Irvine-based marketing firm Advantage Solutions Inc. hasn’t slowed down on the acquisition front, despite apparently getting cold feet on an initial public offering.
Antique Italian-French Country Vibe for Home
A piece of the European countryside along the shores of Laguna Beach hit the market this month, with an asking price of $28.8 million.
University of California, Irvine will be opening the doors to its new 65,000-square-foot “active learning” building next week.
The Philharmonic Society of Orange County in Irvine named Tommy Phillips president and artistic director, effective Oct. 1.
VC-Backed Sock Maker Expands Presence
San Clemente-based sock and underwear maker Stance was already one of Orange County’s fastest-growing private businesses the past few years, even without a stand-alone retail presence in the area or a formalized marketing brand campaign.
Sales Up; Partnering With Asher House in Campaign
Cypress-based Mitsubishi Motors North America Inc. is charging ahead with its “Drive your Ambition” global campaign.
MANUFACTURING: Firm keeps growing like ‘gangbusters’
Online retailer MatterHackers Inc. set out to make desktop 3D printing more accessible to consumers by helping them weed through the plethora of machines and accessories available on the market.
APPAREL: About $117M offering; sales, stores up
Irvine-based Tilly’s Inc.’s co-founders are picking an opportune time to cash out a sizeable portion of their holdings in the youth fashion and footwear chain.
Another Island Home Hits Market for $12.5 Million
Maybe the third time will be the charm for Precision Castparts Corp. Chief Executive Mark Donegan and his wife, Pamela.