TOURISM & LEISURE

Recent and archived news stories on: hospitality, retail, restaurants, style, travel, sports

MedMen to Lay Off Nearly 200, Sets Restructuring Plan

Cannabis retailer MedMen Enterprises Inc. will lay off more than 190 employees and restructure its business assets in a bid to achieve a positive balance sheet.

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LA Malls Work to Win Back Holiday Shoppers

Malls are going all out this season to boost sales and foot traffic

L.A.’s malls seek to entice holiday shoppers this season with celebrities, cocktails and parties.

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Sneaker Attack

Ntwrk blends streetwear style with a QVC approach

Ntwrk’s Aaron Levant and Jamie Iovine look to sell streetwear with a QVC approach.

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Smart & Final Revamps Ecommerce

Grocer aims to provide personalized experience

Smart & Final Stores revamps online shopping portals and mobile apps.

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Jakks Tops Expectations

Toymaker sees sales surge 18% thanks to ‘Frozen 2’

Walt Disney Co.’s “Frozen 2” doesn’t leave Jakks Pacific out in the cold.

Regent Acquires Luxury Brand Escada

Beverly Hills-based private equity firm Regent LP has acquired German luxury womenswear brand Escada SE.

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MedMen Posts Higher Sales, Losses

CANNABIS: Retailer reports rise in 2019 revenue

Culver City-based cannabis retailer MedMen Enterprises Inc. reported increasing revenue as well as mounting losses in fiscal 2019 earnings posted Oct. 28.

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LAX Passenger Traffic Rises 1.8% in September as International Travel Slide Ends

September passenger traffic at LAX edged up 1.8% from a year earlier.

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American, Scandinavian Airlines Add International Flights to LAX

American Airlines and Scandinavian Airlines will each serve new international destinations from LAX next year.

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Eyewear Service Lensabl Raises $4 Million, Adds Frames, Contacts

Lensabl raised a $4 million funding round as it looks to move into the contact lens and frame business

Westchester’s HHLA Is a Shoe-In

Revamped mall courts shoppers with Sneakertopia

Sneakertopia pop-up brings retailtainment to Westchester’s HHLA.

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Flip Fit Sets $3.75 Million Raise

An Inglewood-based tech startup trying to solve one of apparel retail’s biggest challenges raised $3.75 million in seed funding Oct. 23. The apparel app helps retailers with online returns.

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Air New Zealand Ends Long-Running LAX-London Flight

Air New Zealand is canceling its long-running flight from LAX to London, citing increased competition on the route.

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True Religion Seeks Revival

APPAREL: Denim brand, new CEO attempt comeback

Denim brand True Religion is looking for a revival.

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Ron Robinson Closing Brick-and-Mortar Stores

Los Angeles-based retail icon Ron Robinson announced the 2020 closure of his two brick-and-mortar stores in Beverly Grove and Santa Monica.

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