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Santa Barbara firms team up to buy Avila Beach hotel project

By   /  Friday, March 28th, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Santa Barbara firms team up to buy Avila Beach hotel project

The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.

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Deckers takes Apple-store strategy with Goleta shops

By   /  Friday, March 28th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Deckers takes Apple-store strategy with Goleta shops

Deckers Outdoor Corp. has opened retail stores for its footwear brands at its new campus headquarters in Goleta. The Ugg boot parent's stock spiraled on Feb. 28, after the company predicted a first-quarter loss stemming from costs to build out company-owned Ugg stores around the world. (courtesy photo)

The flagship store features Deckers’ footwear brands and highlights its recent efforts to build out its own retail infrastructure worldwide. It also shows off Deckers’ so-called “omnichannel” strategy, whereby shoppers can, for example, try shoes on in the store and complete their orders online.

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AmeriFlex celebrates 25 years of helping entrepreneurs

By   /  Friday, March 28th, 2014  /  Banking & Finance, Personal Finance, Small Business, South Coast, Top Stories, Tri-County Economy  /  Comments Off on AmeriFlex celebrates 25 years of helping entrepreneurs

After a quarter century in an industry that’s changed tremendously, AmeriFlex Financial Services is gearing up for its biggest year.

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Baxter BioScience to be spun out

By   /  Thursday, March 27th, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  Comments Off on Baxter BioScience to be spun out

Baxter International, an Illinois company that is a major employer in the Conejo Valley, is planning to split itself into two companies.

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Startup Paso Robles wine brand Chronic Cellars purchased

By   /  Thursday, March 27th, 2014  /  Central Coast, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Startup Paso Robles wine brand Chronic Cellars purchased

  Novato-based Winery Exchange has purchased Chronic Cellars out of Paso Robles, a young winery known for its red-wine blends and counter-culture branding. Terms of the deal were not disclosed. Chronic Cellars is best known for red blends such as its zinfandel-based Purple Paradise and its syrah-based Sofa King Bueno, Winery Exchange said in a Read More →

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La Entrada to restart construction amid tourism tax boom

By   /  Tuesday, March 25th, 2014  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on La Entrada to restart construction amid tourism tax boom

In another sign that the region’s tourism industry is entering boom times again, the city of Santa Barbara experienced double-digit growth in hotel taxes in the first eight months of its fiscal year. During the annual State of the City breakfast on March 24, City Manager Jim Armstrong said that Transient Occupancy Tax, or TOT, Read More →

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DenMat buys Bay Area firm

By   /  Tuesday, March 25th, 2014  /  Central Coast, Technology  /  Comments Off on DenMat buys Bay Area firm

In its second acquisition this year, Lompoc-based DenMat has bought G.Hartzell & Son, a dental instruments company in the Bay Area.