RETAIL
OP Licensee on the Move: Lunada Bay Corp., one of the major licensed makers of sportswear for troubled Ocean Pacific Sunwear Ltd., is moving its headquarters to gain some growing room.
The company will move in August to a new 36,000-square-foot facility in Commerce, leaving behind its 27,000-square-foot quarters in Anaheim, said Susan Crank, president of the company.
For the record:
12:00 a.m. July 16, 1992 BRIEFCASE RETAILING / SURF WEAR
Los Angeles Times Thursday July 16, 1992 Orange County Edition Business Part D Page 5 Column 1 Financial Desk 2 inches; 43 words Type of Material: Column; Brief; Correction
Correction Please: And under the heading of Ocean Pacific, it was incorrectly mentioned in this column last week that Lunada Bay Corp., an OP licensee, plans to move its headquarters from Anaheim to Commerce. Actually, it’s the other way around: Lunada is moving to Anaheim, from Commerce.
Lunada Bay is also expanding its license for OP’s line. It will start arranging for the manufacturing of juniors’ and girls’ sportswear in addition to the juniors’ and girls’ swimwear that it has produced for 13 years under the name OP Beachwear.
The company will make all of the clothing in the new line except for T-shirts, which will be done by a Denver licensee, and jackets, made by an Irvine licensee.
Ocean Pacific, based in Tustin, recently filed for protection from creditors under federal bankruptcy laws and is working on a reorganization plan.
