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BUSINESS
November 20, 1997 | Russ Stanton
Oakley Inc. filed suit Wednesday charging its Singapore distributor, KMR Concepts PTE Ltd., with breach of contract for allegedly selling Oakley sunglasses to someone other than approved retailers. The suit, filed in Orange County Superior Court, said KMR sold Oakley glasses to an undisclosed third party, a practice known as "diverting," in violation of its distribution agreement. The glasses' ultimate destination, Oakley contends, was the Costco discount warehouse chain.
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SPORTS
February 13, 2003 | Elliott Teaford, Times Staff Writer
Charles Oakley, a reserve forward for the Washington Wizards, charged at Clipper Coach Alvin Gentry during the shoot-around Wednesday morning at Staples Center, threatening Gentry with physical harm. Michael Jordan of the Wizards and Dennis Johnson, a Clipper assistant, and others restrained Oakley.
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CALIFORNIA | LOCAL
October 19, 1986 | TED APPEL, Times Staff Writer
The INS has begun deportation proceedings against Joeri DeBeer, the Dana Point youth convicted of killing his legal guardian, who had sexually abused him. DeBeer was arrested earlier this month because he had committed a crime of "moral turpitude," said Harold W. Ezell, western regional commissioner for the Immigration and Naturalization Service. Because DeBeer was convicted of manslaughter, he is in violation of his non-immigrant student status, Ezell said Saturday.
BUSINESS
June 5, 2002 | LESLIE EARNEST, TIMES STAFF WRITER
Oakley Inc., known for its trendy sunglasses, is developing two products intended for the U.S. military, the company said. While offering only sketchy details about the project, the Foothill Ranch-based company boasted about the venture on its Web site, saying it is working with the military to produce "laser eye protection and an alternative assault boot for elite special forces."
BUSINESS
June 6, 2000 | Dow Jones
Oakley Inc.'s stock climbed nearly 17% Monday after the sunglass and apparel designer said it expects to post strong gains in earnings and sales for the second quarter. The Foothill Ranch company said in a press release that it expects second-quarter earnings to be about 21 cents a share, compared with earnings of 15 cents a share in the year-ago quarter.
NEWS
August 15, 1999 | HUGH A. MULLIGAN, ASSOCIATED PRESS
Dawn was just breaking over the soft green hills of western Connecticut, and several hundred spectators, some in prams and strollers, a few on walkers, had turned up for an event as old as the nation. Unfazed by the competing allure of TV, video games or the multiplex, and undaunted by the protests of animal-rights crusaders, the circus had come to town. The Clyde Beatty-Cole Bros.
BUSINESS
June 5, 2002 | LESLIE EARNEST, TIMES STAFF WRITER
Oakley Inc., known for its trendy sunglasses, is developing two products intended for the U.S. military, the company said. While offering only sketchy details about the project, the Foothill Ranch-based company boasted about the venture on its Web site, saying it is working with the military to produce "laser eye protection and an alternative assault boot for elite special forces."
SPORTS
February 13, 2003 | Elliott Teaford, Times Staff Writer
Charles Oakley, a reserve forward for the Washington Wizards, charged at Clipper Coach Alvin Gentry during the shoot-around Wednesday morning at Staples Center, threatening Gentry with physical harm. Michael Jordan of the Wizards and Dennis Johnson, a Clipper assistant, and others restrained Oakley.
BUSINESS
April 19, 2001 | LESLIE EARNEST, TIMES STAFF WRITER
Sunglass maker Oakley Inc. said Wednesday that strong global sales pushed earnings up 67% to a record, exceeding analysts' projections for the fifth consecutive quarter. The Foothill Ranch company's upbeat performance came despite the generally rocky retail environment and growing caution among consumers. "You have to start thinking that maybe this company is more recession-proof than we thought," said Eric Beder, an analyst with Ladenburg Thalmann & Co..
BUSINESS
January 7, 2000 | LESLIE EARNEST, TIMES STAFF WRITER
Sunglass maker Greg Arnette, who launched a business from the trunk of a rental car and later sold it to one of the world's largest optical companies, retired this week at 48. Arnette's departure from Arnette Optic Illusions Inc. follows the resignation Monday of the company's chief operating officer, Bruce Beach. Arnette said the timing of the two departures from the San Clemente sports-oriented sunglass business was coincidental.
BUSINESS
April 19, 2001 | LESLIE EARNEST, TIMES STAFF WRITER
Sunglass maker Oakley Inc. said Wednesday that strong global sales pushed earnings up 67% to a record, exceeding analysts' projections for the fifth consecutive quarter. The Foothill Ranch company's upbeat performance came despite the generally rocky retail environment and growing caution among consumers. "You have to start thinking that maybe this company is more recession-proof than we thought," said Eric Beder, an analyst with Ladenburg Thalmann & Co..
BUSINESS
June 6, 2000 | Dow Jones
Oakley Inc.'s stock climbed nearly 17% Monday after the sunglass and apparel designer said it expects to post strong gains in earnings and sales for the second quarter. The Foothill Ranch company said in a press release that it expects second-quarter earnings to be about 21 cents a share, compared with earnings of 15 cents a share in the year-ago quarter.
BUSINESS
November 20, 1997 | Russ Stanton
Oakley Inc. filed suit Wednesday charging its Singapore distributor, KMR Concepts PTE Ltd., with breach of contract for allegedly selling Oakley sunglasses to someone other than approved retailers. The suit, filed in Orange County Superior Court, said KMR sold Oakley glasses to an undisclosed third party, a practice known as "diverting," in violation of its distribution agreement. The glasses' ultimate destination, Oakley contends, was the Costco discount warehouse chain.
NEWS
January 18, 1993 | MARK FINEMAN, TIMES STAFF WRITER
Far beneath the surface of the tragic drama of Somalia, four major U.S. oil companies are quietly sitting on a prospective fortune in exclusive concessions to explore and exploit tens of millions of acres of the Somali countryside. That land, in the opinion of geologists and industry sources, could yield significant amounts of oil and natural gas if the U.S.-led military mission can restore peace to the impoverished East African nation.
BUSINESS
June 21, 2006 | From Bloomberg News
Oakley Inc. said it would merge its half a dozen sunglasses outlets into a single brand as it focuses on optics. Most of the Foothill Ranch company's 110 mall-based stores would be consolidated under its Sunglass Icon brand. The change affects Oakley's Occhiali da Sole, Optica Sporting Eyes, Sunglass Club and Sunglass Designs chains. The company said that two Optica stores would be managed by Optical Shop of Aspen, a fashion-eyewear maker bought by Oakley in March.
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