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.
Coffee shop part of roaster F. Gaviña & Sons’ expansion plans
Roaster F. Gaviña & Sons looks to heat up its revenue by opening a downtown café.
Faraday Future, the Torrance-based electric car company, is facing a trademark lawsuit from an unrelated business called Faraday Bicycles.
Wal-Mart’s made-in-USA program has helped bolster sales of frame maker Hollywood Bed.
With the lease officially signed in the fourth quarter of 2016, Brea-based AST Sportswear Inc. has finally moved into the former American Apparel facility in Hawthorne.
Santa Monica’s energized office market is squeezing power supply maker Pioneer Magnetics.
The twin ports of Long Beach and of Los Angeles saw increased cargo traffic in March. The Port of Long Beach saw a 20 percent increase in its cargo numbers compared to a year ago and posted its best quarter since 2007. The Los Angeles port saw a whopping 29 percent jump in incoming cargo containers compared to the year earlier.
Pritzker Group Private Capital’s recently acquired ProAmPac on Monday folded in a competitor in the packaging manufacturing industry, marking the first deal of the year for the West L.A. private equity firm.
SHIPPING: Port businesses wait as partners come together.
New alliances among cargo lines have left some port businesses high and dry on scheduling.