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Kylie Jenner Sells Majority Share of Cosmetics Line for $600 Million

Coty Inc. will acquire a majority share in Kylie Jenner’s beauty empire, including Kylie Cosmetics and Kylie Skin, for $600 million.

By Maria Freeman

Melrose Retail Asset Sells for $48 Million

A retail portfolio at 8436 to 8452 Melrose Place sold for $47.8 million.

By Hannah Madans

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.

By Samson Amore

On Call: Fulgent Genetics’ at-home genetic testing kit, Picture Genetics, comes with physician review and genetic counseling services.

Fulgent Enters Home Market

Fulgent Genetics enters the market for at-home genetic tests.

By Howard Fine

Warning Signs: Port of L.A. head Gene Seroka (center) says the U.S.-China trade war could threaten 1.5 million jobs.

Ports in a Storm

Port of Los Angeles head Gene Seroka warns of consequences from the U.S.-China trade war.

By Rachel Uranga

Immortals Gaming Club Sells Overwatch League Team

Esports organization Immortals Gaming Club finalized the sale of an esports team to Naples, Fla.-based Beasley Broadcast Group Inc. on Nov. 15.

By Samson Amore

Ntwrk’s Sneaker Attack

November 11, 2019

Los Angeles Business Journal Publisher Anna Magzanyan talks to Spectrum News 1 about how Ntwrk, a video-driven online and mobile shopping platform, is successfully leveraging old school, high-sense-of-urgency sales tactics popularized by companies like QVC in combination with modern influencers, celebrities and technology to market a range of products.

In This Week's Issue

Ports in a Storm

LA, Long Beach are feeling the impact of tariffs

Port of Los Angeles head Gene Seroka warns of consequences from the U.S.-China trade war.

Growing Pains at Activision

GAMING: Company seeks to balance mobile, console

Activision Blizzard announces better-than-expected third-quarter earnings and a loss of 3 million users.

Fulgent Enters Home Market

HEALTH CARE: Genetic testing kits bypass doctor visits

Fulgent Genetics enters the market for at-home genetic tests.

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.

Women Execs Warm to Men’s Watches

FASHION: Luxe timepieces viewed as a sign of progress

Men’s luxury watches, particularly those from Rolex Group, are in fashion among L.A.’s businesswomen.

All stories in this week's issue >

Latest Local News

Kylie Jenner Sells Majority Share of Cosmetics Line for $600 Million

Coty Inc. will acquire a majority share in Kylie Jenner’s beauty empire, including Kylie Cosmetics and Kylie Skin, for $600 million.

By Maria Freeman

Melrose Retail Asset Sells for $48 Million

A retail portfolio at 8436 to 8452 Melrose Place sold for $47.8 million.

By Hannah Madans

Los Angeles Business Journal Digital Edition

Read This Week's Digital Issue

Ntwrk’s Sneaker Attack

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.

By Samson Amore

Fulgent Enters Home Market

Fulgent Genetics enters the market for at-home genetic tests.

By Howard Fine

Ports in a Storm

Port of Los Angeles head Gene Seroka warns of consequences from the U.S.-China trade war.

By Rachel Uranga

Events

November 18

100 Fastest Growing Private Companies

The Los Angeles Business Journal is proud to reveal the rankings of the top 100 Fastest Growing Private Companies. This 23rd annual event will host the CEOs and executives of those private companies that are exhibiting the highest revenue growth in the Los Angeles area.

All Events >