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.
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.
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.
Smart & Final Revamps Ecommerce
Grocer aims to provide personalized experience
Smart & Final Stores revamps online shopping portals and mobile apps.
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.
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.
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.
American, Scandinavian Airlines Add International Flights to LAX
American Airlines and Scandinavian Airlines will each serve new international destinations from LAX next year.
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.
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.
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.
True Religion Seeks Revival
APPAREL: Denim brand, new CEO attempt comeback
Denim brand True Religion is looking for a revival.
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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