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

Simon Group Bids $191 Million for Lucky Brand

Property company’s group makes $191 million offer

Just four months after picking up Lincoln Heights-based Forever 21 Inc., Simon Property Group Inc., is about to acquire another locally based retailer.

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JetBlue to End Service at Long Beach

JetBlue said it will end service at Long Beach Airport in October and transfer flights and crews to LAX.

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In a Mask Moment, Makeup Companies Look to the Eyes

Lipstick sales fall as use of masks surges

It doesn’t take a cosmetics expert to guess that wearing face masks to fend off the coronavirus might be the kiss of death for the lipstick business.

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Kardashian Lands $200 Million Investment From Coty

Deal values KKW Beauty at $1 Billion

New York-based Coty Inc. paid $200 million for a 20% stake in KKW Beauty, bringing the company's valuation to $1 billion.

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American Drops International Flights From LAX

American Airlines is shifting its trans-Pacific flight hub from LAX to Dallas-Fort Worth International.

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Malls May Be Open, but Many Stores Are Still Shut

Nearly one-quarter of shops have yet to reopen

Almost a month after local shopping centers got a green light to reopen, about a quarter of their storefronts remain dark.

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Yoshinoya Ramps Up Digital Platforms

Fast-casual chain upgrades app's ordering capabilities

With the Covid-19 pandemic settling in for an extended run in much of the country, the phrase “adapt or perish” seems to be the mantra for many retailers and restauranteurs.

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Designs That Keep Diversity in Mind

Mambetov aims for ‘modest, not Muslim’

For L.A. fashion designer Elle Mambetov, the Covid-19 outbreak has meant figuring out how to introduce a new fashion line without the benefit of a traditional live runway show.

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Interim LA Airports Chief Erbacci Moves a Step Closer to Permanent Post

Los Angeles World Airports interim Chief Executive Justin Erbacci moved one step closer to the permanent job.

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Local Bankruptcies Follow US Trends

More companies are filing Chapter 11, but the CARES Act helps others

True Religion Apparel Inc., the Manhattan Beach-based retailer that’s expected to reemerge from bankruptcy in August, is part of a growing wave of Chapter 11 filings hitting U.S. courtrooms.

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Guess Market Value Tumbles After Miss

Retailer says difficulties will continue in second quarter

Shares of Guess Inc. dropped 30% to a market value of $584.4 million last week after the downtown-based retailer reported a decline of more than 50% in sales revenue for the first three months of the year.

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Store Owners Are Challenged

Pandemic, unrest tests their optimistic outlook

Marred by tepid consumer interest, countywide protests, curfews and looting, the retail reopening after the Covid-19 shutdown had a rough start to say the least.

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Brands Join in on the Conversation

Amgen, Mattel, Anastasia among companies embracing social justice

As protesters took to the streets across the U.S. recently to express their anger over the death of George Floyd at the hands of Minneapolis police officers, a growing number of local brands chose to take part in the social justice conversation.

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True Religion to Exit Bankruptcy

But unsecured creditors object to plan

True Religion Apparel Inc. estimates it will emerge from bankruptcy by mid-August, according to documents filed with the U.S. Bankruptcy Court for the District of Delaware.

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Lufthansa Resumes Flights from LAX to Munich

In a sign that LAX is starting to rebound from the air travel slump caused by the Covid-19 pandemic, Lufthansa resumed service between LAX and Munich.

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