Diesel seeks $5.5M from defunct GBMI
Italian fashion firm Diesel is hoping to enforce a $5.5 million judgment against Global Brand Marketing Inc., the Santa Barbara-based footwear firm led by Killick Datta that was worth $500 million at its peak.
Read More →Clean Diesel changes ethics rules after $1.9M federal fine
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
Read More →2013 attendance at Savor the Central Coast climbs 5.8%
San Luis Obispo County’s fourth annual Savor the Central Coast again posted growth in attendance and revenue.
Read More →SLO Spencer’s to close, be replaced by Grocery Outlet
Spencer’s Fresh Markets in the Laguna Village Shopping Center in San Luis Obispo is closing at the end of January and will be replaced by two new stores, according to the business and mall management.
Read More →In the Zone: Investors cash out on redevelopment projects
Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.
Read More →Lockheed relies on Trust: Motion-control firm lands defense contract
San Luis Obispo-based Trust Automation is rapidly expanding on the heels of an important defense contract.
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