Cornerstone Apparel Inc., the Commerce-based owner of teen retailer Papaya Clothing, filed for bankruptcy in U.S. bankruptcy court in Los Angeles last week.
HEADQUARTERS: Pending exit of Toyota shakes up list of businesses in L.A. County.
American Honda Motor has homed in on the top spot of foreign firms with U.S. bases in L.A. County.
A group of truck drivers and warehouses workers set a date of June 19 for a strike at the ports of Long Beach and Los Angeles.
Both the ports of Los Angeles and Long Beach recorded their highest May cargo numbers in history.
BEVERAGES: Millennium Products looks to pour it on as healthy drink sales boom.
Millennium Products bottles up more space to boost output of its kombucha drinks.
Beyond Meat, an El Segundo maker of a meat alternative, is increasing its reach with a deal to be distributed in 280 Safeway Inc. stores in Northern California, northern Nevada, and Hawaii.
Local Roots Farms looks to get its adapted shipping containers into rotation as crop producers.
EDUCATION: Workers with midlevel skills in demand.
Community college initiative helps students put together careers in advanced manufacturing.
APPAREL: High on Low
Fast-fashion pioneer Forever 21 is speeding its efforts to expand its discount brand F21 Red.
MANUFACTURING: Furniture maker Virco is sitting prettier as school districts up their postrecession budgets.
Cargo volumes rose in April at the country’s two busiest ports, Los Angeles and Long Beach, with L.A.’s hitting a record for the month.
Shoemaker Comunity looks to follow in the “giving company” footsteps of Toms.
Meal-replacement drink manufacturer Rosa Foods Inc., maker of the Soylent drink, announced on Thursday that it had raised a $50 million Series B round led by GV (formerly Google Ventures) with participation from Tao Capital Partners, and prior investors Lerer Hippeau Ventures and Andreessen Horowitz.
Venture capital firm’s deal for snack maker gives gang reform program a taste of the equity.