An investigation into luxury jeweler Lugano, the purported star unit of Compass Diversified, was revealed on May 7 along with the resignation of co-founder and Chief Executive Moti Ferder. President Josh Gaynor was appointed as interim CEO and is set to work with Lugano’s Chief Financial Officer Christoph Pachler to Read More
Orange County is one of JSX’s largest markets, says co-founder and CEO Alex Wilcox. That, along with the fact that the public charter service was founded in Irvine in 2016, helped drive the company’s recent decision to move to a new location at John Wayne Airport (JWA). After three years Read More
Lugano’s Founder and Chief Executive Moti Ferder has resigned amid an internal probe of the luxury jewelry company, effective May 7. President Josh Gaynor has been appointed as interim CEO and will work with Lugano Chief Financial Officer Christoph Pachler to take over the former executive’s responsibilities. Ferder’s exit Read More
Chipotle Mexican Grill has appointed Jason Kidd, the current global chief operating officer at Irvine’s Taco Bell, as its newest COO starting May 19. Kidd joins the Newport Beach-based chain (NYSE: CMG) to oversee nearly 3,800 restaurants and 130,000 employees as of March. Before he joined Taco Bell in Read More
The recently renovated Hyatt Regency Irvine has won a AAA Four Diamond designation, making it the city’s second Four Diamond hotel after Marriott Irvine Spectrum made the list in 2022. It is the first time the property, most previously known as Hotel Irvine and owned by the Irvine Company, has Read More
Irvine-based Rivian Automotive Inc. is building a 1.2 million-square-foot supplier park, an investment worth almost $120 million, to support its existing manufacturing facility in Normal, Illinois. The project, which will house a subset of the EV maker’s key suppliers for light assembly and manufacturing, is expected to be completed next year. The Read More
Boot Barn Holdings Inc. has appointed Interim Chief Executive John Hazen as CEO permanently, effective May 5. He was named interim last November when previous CEO Jim Conroy announced his exit to join Ross Stores Inc. (Nasdaq: ROST) as CEO. Hazen first joined the Irvine-based retailer (NYSE: BOOT) as chief Read More
The Honda Center is the latest billion-dollar project on the belt of Henry and Susan Samueli, owners of the Ducks hockey team. The Samuelis are funding a $1.1 billion overhaul of the Anaheim venue to complement their existing 100-acre OCVibe mixed use development, an investment worth $4 billion. The project Read More
Residents of Great Park Neighborhoods must wait one more year to get their heavily requested retail center. Dan Almquist of real estate developer Almquist, who also built San Juan Capistrano’s newest River Street Marketplace, is spearheading the upcoming shopping and dining hub called The Canopy. “It’s been a couple of Read More
A mile-long stretch along Brookhurst Street, from Ball Road to Broadway, is one of Anaheim’s most diverse enclaves—home to more than 100 small businesses ranging from halal meat markets and bakeries to salons and cafes. Nearly all of them share a common thread: they are primarily operated by Arabic-speaking families. Read More
