Mediha DiMartino

Contributing Writer

Mediha DiMartino covers media, marketing, auto dealers, government, nonprofits and education. She can be reached at mdimartino@labusinessjournal.com

Email: mdimartino@labusinessjournal.com
Phone: 949-813-7384

Recent Stories

Are Mattel’s Cuts Working?

Top toymaker expects modest gains

Mattel Inc. managed to maintain revenue at $4.5 billion last year, and its guidance for 2020 calls for a modest full-year revenue growth of 1% to 2.5%, but Wall Street appears skeptical.

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Trade War Reshapes CIE

Truck parts maker staffs up in US

Frank Sonzala, chief executive of a South Gate-based truck chassis manufacturer, is transferring about a third of his company’s production from China to the United States, a move he says will create about 275 local jobs.

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Alpine Village Restaurant to Close

Bavarian-themed property will lay off 35 employees

An upcoming landmark designation will ensure the walls at Alpine Village remain intact, but there’s no guarantee the lights will stay on.

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Forever 21 Deal OK’d

Landlord group rescues company from bankruptcy

Forever 21 Inc. is emerging from bankruptcy with new owners who have a stake in keeping the company going.

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Skechers Tops Expectations for 2019

Footwear manufacturer passes $5 billion in revenue during ‘milestone year’

For Skechers USA Inc., 2019 was a “milestone year,” according to Chief Operating Officer David Weinberg.

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Ports Report January Declines

Cargo volume slips again at LA and Long Beach

The local ports reported single-digit dips in cargo volumes for January with one notable exception: Port of Los Angeles exports saw a modest upswing.

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Growth Spurt at OSI Systems

Security, optoelectronic units drive gains

OSI Systems Inc., a manufacturer of security scanning equipment, medical monitoring devices and optoelectronic components, posted $64.8 million in net income on $1.18 billion revenue during its 2019 fiscal year.

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Fresh Brothers Names Goodman CEO

Pizza industry veteran will be chain’s third chief executive since 2016

Fresh Brothers, the Inglewood-based pizza chain, has appointed Geoffrey Goodman as its third chief executive since the company was acquired by Nolan Capital Inc. in 2016.

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Auction Is Scheduled for Forever 21

Bankrupt fashion chain in line for new ownership

The fate of beleaguered fast-fashion retailer Forever 21 Inc. could be decided as early as Feb. 10.

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Century Park Sells Mochi Ice Cream Co.

Investment fund acquires pioneering ice cream maker

Mochi Ice Cream Co., credited with inventing and popularizing the frozen spin on the Japanese treat, has been sold by El Segundo-based Century Park Capital Partners.

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