Olaplex’s struggles continue as earnings miss estimates
Montecito-based Olaplex missed analyst expectations in both revenue and net income when it announced its earnings for the third quarter of 2024. Announced Nov. 7, Olaplex noted that sales decreased 3.6% to $119.1 million in the third quarter of 2024.As a result, net income decreased 27.3% to $14.7 million and adjusted net income decreased 13.8% Read More →
Deckers, Hoka continue leading the footwear pack
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Deckers completes 6-for-1 stock split
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Deckers sells Sanuk, prepares for the future
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Santa Barbara, Ventura counties file lawsuit against Kroger
The Ventura County and Santa Barbara County District Attorney’s offices announced May 31 that they have filed a civil case against The Kroger Co. in Santa Barbara County Superior Court alleging violations of California’s false advertising and unfair competition laws. Kroger operates numerous grocery stores in California under names such as Ralph’s, Food 4 Less Read More →
Deckers shares dash past $1K milestone
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Wendy Foster’s State Street location closing
State Street icon Wendy Foster is becoming the latest casualty of Santa Barbara’s retail apocalypse. The trend-forward fashion retailer said May 14 that it was closing its location at 1220 State Street after a nearly 40-year run that featured some of the most iconic apparel on the Central Coast. Although technically a “pause,” according to a statement, Read More →
