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Mediha DiMartino

Stories by Mediha

20 in Their 20s: John Dalsey

"We saw everyone trying to jump into the hard seltzer space, and they were all doing the same flavors. We saw an opportunity to do something different."

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20 in Their 20s: Simone Zienna

"I had the idea of building a mobile app that would create a daily personalized diet plan for students who ate at the campus’ dining halls based on their goals, restrictions and menu of the day."

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Business Owners Try to Prepare for California’s Reopening

Local businesses are welcoming California’s long-awaited June 15 reopening with tempered expectations.

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20 in Their 20s: Mitchella Gilbert

"We are the first OBGYN-approved legging in the market."

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Ports of LA, Long Beach Prep for Another Record Year

Both the Port of Los Angeles and the Port of Long Beach are prepping for what could be another record-setting year.

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Port of LA Processes 10 Million Container Units of Cargo

The Port of Los Angeles reached a major milestone by processing 10 million container units of cargo in a 12‑month period.

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Wonderful Co. Ad Agency Hires New Chief Creative Officer

Wonderful Agency, an in-house ad shop tasked with promoting Wonderful Co.’s roster of nut and fruit brands, has hired Margaret Keene as its chief creative officer.

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IP Push Helps Drive Mattel’s Transformation

At the recent Virtual Citi Leisure Day investor conference, Mattel Inc. Chief Executive Ynon Kreiz touted the transformation of the El Segundo-based toymaker since he took the helm in 2018.

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Zero-Emission Vehicle Manufacturer US Hybrid Is Acquired

Torrance-based US Hybrid Corp. has been acquired by New York-based Ideanomics Inc. for $50 million.

EV Maker Canoo Plans Texas Facility

Canoo Inc.’s latest press releases lists Dallas in the dateline, an unusual designation for a company officially based in Los Angeles County.

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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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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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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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Port Logistics Group Rebrands, Shifts Focus

City of Industry-based Port Logistics Group has rebranded as Whiplash Inc., adopting the name of a third-party logistics company it acquired in 2019.

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LA500 Q&A: Henrik Fisker Is Ready to Roll Again

Henrik Fisker has been down this road before, which means he knows the twists and turns that lie ahead.

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OSI Systems Contract Could Pay $480 Million

Hawthorne-based OSI Systems Inc. was one of the three vendors awarded an IDIQ contract by Customs and Border Protection for its X-ray inspection equipment.

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Fisker Reports Net Loss of $177 Million

Electric vehicle maker Fisker Inc. reported a net loss of $177 million, falling short of analysts' expectations for the first quarter.

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LA, Long Beach Ports Post Another Month of Record Gains in April

The ports of Los Angeles and Long Beach logged another record-breaking month of cargo volume in April.

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LA Companies Take Steps to Diversify Boardrooms

Assembly Bill 979 requires public companies headquartered in California to diversify their governing boards by the end of 2021.

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Logistics Company Happy Returns Is Acquired by PayPal

Santa Monica-based Happy Returns Inc. has been acquired by its investor, PayPal Holdings Inc., on undisclosed terms.

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Mattel Launches Toy Recycling Program

Mattel Inc. said it’s launching PlayBack, a toy recycling program designed to collect and reuse materials to make new Mattel products.

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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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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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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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Beyond Meat Misses on Earnings Expectations

Shares of Beyond Meat Inc. dipped about 6% on May 6 after the company posted top- and bottom-line results below Wall Street expectations.

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Health Care Apparel Brand Figs Files for IPO

Figs Inc., a Santa Monica-based health care apparel brand, has filed for an initial public offering.

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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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Apparel-Maker Outerknown Uses Tech to Aid Recycling Efforts

The Culver City-based apparel-maker Outerknown launched Second Spin, a collection of men’s and women’s loungewear that feature a QR code.

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Skechers, Mattel Top Wall Street Projections for First Quarter

Shares of Skechers USA Inc. rose about 8% in after-hours trading on April 22, after the footwear and apparel manufacturer reported first-quarter sales and earnings that beat Wall Street expectations.

Beyond Meat Sets Large Expansion in Europe

Beyond Meat Inc. said it will increase product distribution to thousands of new retail locations in the United Kingdom, Germany, Austria, Switzerland and the Netherlands.

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LA, Long Beach Ports Log Record Results in First Quarter

As cargo ships continue to clutter the horizon at the San Pedro Bay, both ports notched their best first quarter on record.

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Macerich Sells Phoenix Mall for $100 Million

Macerich Co., a Santa Monica-based shopping mall owner and investor, said it sold Paradise Valley Mall in Phoenix for $100 million.

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NYDJ Apparel Looks to Expand Its Appeal

NYDJ Apparel, a jeans brand that made its mark by catering to consumers over the age of 40, is looking to broaden its appeal.

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Pain at the Ports as Cruise-Related Businesses Wait Out Pandemic

John Tallichet was looking forward to the opening of the new Gerald Desmond Bridge across the Back Channel at the Port of Long Beach.

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Trader Joe’s Digital Cards to Aid Shoppers With Autism

Trader Joe’s Co. has collaborated with Toronto-based Magnusmode Ltd. to publish a set of digital cards to help people with autism spectrum disorder or Down syndrome shop at its stores.

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Frameless Hardware Acquires Commercial Glass Assets

South Gate-based glass company Frameless Hardware Co. has acquired assets from Texas company Columbia Commercial Building Products.

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Honest Co. Files for IPO

Jessica Alba's Honest Co. Inc., the maker of non-toxic and eco-friendly personal and household products, on April 9 filed for an initial public offering.

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Guess Earnings Top Expectations

Shares of Guess Inc. rose about 5% to a market value of $1.6 billion last week after the downtown-based retailer reported better-than-expected financial results for its fiscal fourth quarter ended Jan. 30.

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Santa Monica Pier Executive Director Negin Singh to Depart

Negin Singh is stepping away from her duties as executive director at Santa Monica Pier Corp. in June.

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LA Beauty Companies Play Big Role in Growing Industry

More local shoppers are spending on beauty products, and a sizeable chunk of their dollars is going to homegrown brands.

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FabFitFun Strikes Deal to Increase Supplier Diversity

FabFitFun Inc. is working with San Francisco-based RangeMe America to expand its collaboration with brands founded by business owners from diverse backgrounds.

Faraday Future Looks to Chinese Market

Electric vehicle company Faraday Future Inc. hired Xuefeng Chen as chief executive of its China division.

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Oetker Group Tests Artisan Pudding Shop Concept in LA

Oetker Group, Europe’s equivalent to Duncan Hines, is testing a new brand concept in the Los Angeles market.

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Pandemic-Driven Demand Boosts Port Logistics Group

While the Covid-19 pandemic has shuttered entire industries over the past year, it has fast-tracked Port Logistics Group’s expansion into ecommerce.

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CPK Will Move Headquarters to Costa Mesa

California Pizza Kitchen Inc., which just signed a multiyear deal to become the official pizza of the Los Angeles Dodgers, is leaving L.A. County and heading to Costa Mesa.

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Ports Set Records With February Cargo Volume

February cargo volume at the San Pedro Bay port complex was off the charts compared to dismal stats from the same period last year.

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Canoo Reveals Electric Pickup Truck

News of Canoo Inc.’s first pickup truck leaked ahead of a scheduled March 11 announcement.

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Sweetgreen Plans to Be Carbon Neutral by 2027

Sweetgreen Inc. spent a good part of 2020 reorganizing its operations to manage a pandemic-related drop in sales.

HydraFacial Preps for IPO

Less than a decade after its founders sold HydraFacial Co. for $40.6 million, the skincare-focused manufacturer traded hands again in December.

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Big 5 Rebounds to Post $1 Billion in Revenue

Last March, at the outset of the pandemic, shares of Big 5 Sporting Goods Corp. dipped below $1.

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