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Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

By   /  Friday, September 26th, 2014  /  Small Business, South Coast, Top Stories  /  Comments Off on Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

Four years after launching a shoe insert that failed to bring homerun sales, Geoffrey Gray now has a thriving business in Heeluxe, a Goleta-based research lab for developing high performance footwear for the likes of New Balance, Mizuno and Deckers Brands, the parent company of Teva sandals.

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McIver departs El Encanto, heads for Tuscon

By   /  Wednesday, September 24th, 2014  /  South Coast, Tourism, Women Inc.  /  Comments Off on McIver departs El Encanto, heads for Tuscon

Laura McIver made her mark in the South Coast hotel industry when she took over and turned around downtown Santa Barbara’s Canary Hotel, setting the stage for the property’s sale to boutique chain Kimpton Hotels & Restaurants. In 2012, McIver was named general manager for Santa Barbara’s iconic El Encanto Hotel. She took the helm Read More →

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Frontier Airlines to drop Santa Barbara service

By   /  Tuesday, September 23rd, 2014  /  South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Frontier Airlines to drop Santa Barbara service

  Frontier Airlines will suspend all flights from the Santa Barbara Airport starting in January, the company has confirmed to the Business Times. The budget airline will continue to offer about four flights a week to Denver, its home airport, until Jan. 6, 2015, when these flights will be halted completely until late May 2015.  Read More →

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Schaff buys Goleta offices from Towbes for $26.4M

By   /  Monday, September 22nd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Schaff buys Goleta offices from Towbes for $26.4M

  South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →

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Sientra to go public, raise up to $86.2M

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Top Stories  /  Comments Off on Sientra to go public, raise up to $86.2M

Santa Barbara-based breast implant maker Sientra filed papers Sept. 19 to raise up to $86.2 million in an initial public stock offering.

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Adornetto named TMP entrepreneurship director at UCSB

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on Adornetto named TMP entrepreneurship director at UCSB

Longtime South Coast technology executive Dave Adornetto has been picked to lead UC Santa Barbara’s successful startup contest. The entrepreneurship program is the largest collegiate business-pitch contest in the region and is part of UCSB’s Technology Management Program. The flagship event of the entrepreneurship program, the annual New Venture Competition, is a major on-campus happening. Read More →

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Ad tracking strategy pays off in $2.3B Conversant deal

By   /  Friday, September 19th, 2014  /  East Ventura County, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Ad tracking strategy pays off in $2.3B Conversant deal

  It took him two years, but John Giuliani is the man who finally made Conversant ready for a sale. And even though his stake in the Westlake Village-based advertising technology firm’s $2.3 billion cash-and-stock merger with Alliance Data Systems announced Sept. 11 will be worth about $96 million, Giuliani has no plans to cash Read More →

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