TOURISM & LEISURE

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

Local Hotels See Recovery

It’s a Friday evening high above the Sunset Strip, and the rooftop of Pendry West Hollywood — a new complex that holds a private social club with a rooftop bar and restaurant, multimillion-dollar condos and a hotel managed by Montage Hotels and Resorts — is buzzing.

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Electronics Retailer Newegg Goes Public

Newegg Inc., a City of Industry-based electronics retailer, has gone public via a reverse merger with a publicly traded sister company, Lianluo Smart Ltd.

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Drake-Backed Daring Foods Raises $40 Million

The health-conscience, plant-based chicken substitute market isn’t without competition, so it doesn’t hurt to have rap superstar Drake as an investor.

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Coffee Bean’s New US President Eyes Expansion

Coffee Bean's new U.S. president outlines his plan for increasing the company's brick-and-mortar footprint to all 50 states via new and existing franchisees

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Beachbody Posts Revenue Gain Ahead of Merger

Beachbody Co. Group, a Santa Monica-based subscription health and wellness company, posted a 34% uptick in revenue for the first quarter of 2021.

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Domestic Traffic at LAX Rebounds in April

Domestic passenger traffic rebounded at LAX in April but international travel is still suffering.

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Prima Raises $9 Million for CBD-Infused Beauty Products

Beauty brand Prima, founded by an Honest Co. alum, raised $9.2 million in a seed-plus funding round to support its retail expansion.

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Frontier Airlines to Pull Out of LAX

Denver-based Frontier Airlines is pulling out of LAX by September, citing increased costs as a factor.

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LA Travel Companies Are Bouncing Back

After more than a year of canceled vacations, closed attractions and halted events, there are signs of a comeback in L.A.

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Beautycounter Sells Majority Stake to Carlyle Group

Santa Monica-based Counter Brands, doing business as Beautycounter, sold a majority stake to Carlyle Group Inc., a Washington, D.C.-based investment firm.

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L’Oréal USA Plans Second Headquarters in El Segundo

New York-based makeup and skin care conglomerate L’Oréal USA said it will open a second company headquarters in El Segundo in early 2022.

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Big 5 Earnings, Stock Price Surge

Big 5 reported what it called an “extraordinary start to fiscal 2021.”

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Luxury Retailers Report Signs of Recovery

Local luxury merchants are hopeful that the near-full recovery is on the horizon. But experts warn the progress should be taken with a grain of salt.

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Airports See Surge in Passenger, Cargo Traffic

Passenger traffic at local airports surged in March, hitting the highest level since the pandemic began while air cargo continued to soar.

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Domestic Passenger Traffic Rebounding at LAX

Domestic passenger traffic is rebounding at LAX, but international travel is still suffering, according to new figures.

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