Stories by Mediha
A Rancho Dominguez-based freight forwarding company’s latest deal was decades in the making.
Come April, Honda’s operations in North America will be more unified.
Aerol Co. Inc. is packing its bags for the Midwest.
Shortly after its Oct. 30 debut on the New York Stock Exchange, electric vehicle startup Fisker Inc. was valued at about $2.9 billion.
Anastasia Beverly Hills Inc. has figured out a way to increase international sales.
Even with 25% of its restaurants closed, FAT Brands Inc. reported a jump in quarter-over-quarter revenue during the third quarter, but the results still trailed 2019’s third quarter.
Local ports reported record cargo volumes last month, but year-to-date results for the San Pedro Bay complex are still 2% below the first 10 months of 2019.
Beyond Meat Inc.’s stock took a hit last week after lower-than-expected third-quarter revenue and confusion around its collaboration with McDonald’s Corp.
The pandemic could have easily tanked Alex Ismail’s business.
Revolve Group Inc. surpassed Wall Street expectations and delivered its most profitable quarter, but the company’s stock dipped more than 10% on reports of a revenue decline.
Rokit Group of Cos.’ latest venture, Rokit Made, is poised to take advantage of a growing consumer trend — electric bikes.
Like many good business ideas, the concept for CourtCall materialized while one of the company’s future founders, Mark Wapnick, was grappling with a problem — in this case, L.A.’s infamous traffic.
Amid the furor created by pandemic-related shutdowns, double-digit unemployment rates and civil justice protests, Los Angeles’ recent designation as a fair trade city went somewhat unnoticed.
It’s looking like Angelenos may channel their inner Ebenezer Scrooge this holiday season.
AudienceX is back on the growth trajectory.
This year’s Halloween celebration at the Shops at Montebello was different.
Jakks Pacific Inc. is still in the game, beating analysts’ expectations in the third quarter that ended Sept. 30.
Jonathan Bass still believes in brick-and-mortar retail.
Grammy Award-winning rapper Shawn “Jay-Z” Carter is developing a line of cannabis products under the Monogram brand.
Downtown-based Best Fresh Produce Inc. is now part of GrubMarket Inc.’s growing portfolio of produce suppliers.
The San Pedro Bay ports notched another record month in September, largely due to make-up shipments that were stalled by the pandemic earlier this year.
Mattel Inc. beat Wall Street expectations and then some in the third quarter.
While most of the terminals at the San Pedro Bay are struggling to keep up with a recent influx of traffic, Fenix Marine Services just added a new carrier to its roster of clients.
CloudKitchens, a Pico-Union-based operator of several shared commercial kitchen locations, has a new tenant — El Segundo-based Lemonade Restaurant Group.
When the state’s Department of Public Health “strongly discouraged” trick-or-treating last week, it put a damper on already weak Halloween spending.
YogaWorks Inc., citing pandemic-related studio closures, filed for Chapter 11 bankruptcy Oct. 15, with its secured-debt holder Serene Investment Management as a stalking horse bidder.
Moldex-Metric Inc., a Culver City-based manufacturer of hearing and respiratory protection equipment, is expanding operations to Lebanon, Tenn.
Impresa Aerospace is the latest of more than a half-dozen large companies in Los Angeles County that have filed for bankruptcy this year.
West Los Angeles-based agriculture giant Wonderful Co. is offering $1 million to biomass innovators who can figure out the best way to reuse 50,000 tons of pomegranate husks.
Fisker Inc., a Torrance-based electric vehicle startup, plans to open an engineering and technology center in San Francisco’s Mission District.
Daring Foods Inc., a startup that makes plant-based chicken substitute products, has raised $8 million, bringing total capital raised by the company to $19 million since 2017.
Six months after hiring its first chief financial officer, FabFitFun Inc. is looking to expand its finance and accounting teams, possibly with an eye on a bigger prize.
Nedjatollah Harounian can’t wait to get back to work. But for now, his Melrose Avenue footwear store, Palais Des Modes, remains shuttered — looters set it on fire during social justice protests on May 30.
Daring Foods Inc., a Culver City-based startup that makes plant-based chicken substitutes, raised $8 million to support its marketing, innovation and staffing efforts.
Beyond Meat Inc., a maker of plant-based meat alternatives, launched an ecommerce website last month as part of a strategy to explore new or under-tapped retail opportunities.
The busy season at the San Pedro Bay Port Complex is off to a good start, with both ports reporting cargo volume increases for August.
Dressbarn, a women’s apparel brand that emerged from bankruptcy in January as a digital-only retailer, has selected Happy Returns Inc. to handle its in-person returns.
September is off to a good start at Hawthorne-based OSI Systems Inc.
Honda Motor Co. Ltd., which has its U.S. headquarters in Torrance, and Detroit-based General Motors Co. have formed a North American alliance to develop shared electric vehicle platforms and propulsion systems.
Beverly Hills-based Bruvi's new funding round will help it launch its mobile app-connected, Wi-Fi enabled coffee makers with recyclable single-serve coffee and tea pods.
Preparing for “the worst” helped Revolve Group Inc. surpass analyst expectations and deliver record earnings per share for its second quarter that ended June 30.
Premier Parks, which operates Pacific Park, as well as other businesses on the 111-year-old Santa Monica Pier are trying to make the best of the pandemic, which left the area completely shuttered from March 15 to June 24.
Shares of Guess Inc. rose about 10% on Sept. 2 after the downtown-based apparel retailer beat Wall Street’s expectations for revenue and earnings for the company’s fiscal 2021 second quarter.
Several big-box retailers — including Target Corp., Walmart Inc., Home Depot Inc., Costco Wholesale Corp. — have posted substantial sales increases since the pandemic hit in March.
The proliferation of ecommerce over the past six months has resulted in local job gains at delivery service businesses.
While the pandemic continues to emaciate the hospitality industry, it has helped local ready-meal companies see an uptick in business in recent months.
A surge in online spending and extra vessel visits in July helped the Port of Long Beach record its busiest month while the Port of Los Angeles saw its highest cargo volumes of the year.
Mall owner sees disruptions in rents, leases from Covid
Macerich Co.’s latest earnings report includes some grim financials but it also provides a glimpse into challenges facing the retail industry as a whole.
El Segundo-based Kellstrom Defense Aerospace Inc. has a new moniker — AllClear Holdings — and will share it with its parent company, Aero Precision Holdings.
The price of FAT Brands Inc. stock experienced a 128% surge in the days following news that the company had agreed to buy Johnny Rockets from a private equity firm.