News

Horizon Consumer Science Says Outlet Malls ‘Winning Price Game’ With Airport Travel Retail

Friday, December 14, 2018

Global shopper spending has fallen by $15 billion in two years, with the Chinese now accounting for 40 percent of purchasing in travel retail. The convenience factor and speed of the shopping experience means airport shops can’t compete with downtown outlets in categories attracting typically higher spends, according to Greater Irvine Chamber Leaders Circle member Horizon Consumer Science. Responding to a question on the rise of liberalized tax and duty free regimes specifically in places like Hainan, China, Horizon founder Dr. Ian L. Cesa told TRBusiness: “[Airports] have decent prices, but they are not considered the best prices – outlet malls win...
Irvine Has the Best Broadband in the US

Friday, December 14, 2018

Analysis of more than 115M Internet speed tests reveals that Irvine, California, has the best broadband in the country, with an average download speed of 124Mbps and an upload speed of 52Mbps. Unsurprisingly, that was on Google Fiber, as were most of the top 10 cities, shown below. Speed test company Ookla said that it calculated the rankings by using a weighted average of upload and download speeds. When analyzing fastest ISPs, Ookla considers top providers (all ISPs with 3 percent or more of total test samples in the market for the period). The company then determines the fastest provider using Speed Score which...
More People Are Going Abroad but They Are Spending Less Money on Their Travels, Reveals Ongoing Worldwide Study of Travel Shopping Behavior

Thursday, December 06, 2018

Recent travel trends underline a significant worldwide spending downturn that could have serious implications for the travel retail industry, says Greater Irvine Chamber Leaders Circle member Horizon Consumer Science. The 2018 Global Traveler Report reveals that despite record numbers of air travelers, up from 415 million in 2012 to a projected 808 million this year, the size of the travel retail market is slowly shrinking. Global travel retail spending has dropped by $15 billion from $397 billion in 2016 to a projected $382 billion this year. About The 2018 Global Traveler Report: More than 31,000 traveling consumers from 38 countries have been surveyed...
Edwards Bets Big On Investments

Monday, November 05, 2018

Greater Irvine Chamber Leaders Circle member Edwards Lifesciences Corp., Orange County’s largest public company with a nearly $30 billion market value, is also one of its fastest-growing public companies, both in sales and stock growth. The Irvine-based medical device giant, which employs over 4,600 in OC, had two-year sales growth of 29 percent for the period ended June 30, with $3.5 billion in sales. The percentage gain was fourth-best on this week’s Business Journal ranking of the fastest-growing large businesses. More is in store, according to Chief Executive Michael Mussallem, who’s led Edwards since it became an independent company when spun out of...
Irvine Valley College Ranked #3 for Best Online College in California

Monday, November 05, 2018

Greater Irvine Chamber member Irvine Valley College was ranked third on the 2018-2019 list of Best Online Colleges in California created by the Community for Accredited Online Schools. The ranking for 2-year colleges was created using data from the National Center for Education Statistics’ Integrated Postsecondary Education Data System, and considered factors such as quality, affordability, flexibility, and program. “Irvine Valley College is committed to ensuring our students can pursue their educational goals as efficiently as possible,” said President Glenn Roquemore. “Offering a wide variety of online, hybrid and on-campus classes ensures that students have the flexibility to complete their education in...
MacKenzie Corporation Makes Atlas-Explorer Available For Public Licensing Game-Changing Data Visualization & Analytics Tool Will Upgrade Sales & Marketing Processes

Monday, October 22, 2018

Greater Irvine Chamber member MacKenzie Corporation, a full-service data analytics and market research company, announced that its game-changing data visualization tool Atlas-Explorer is available for public licensing. After years of privatized use, this powerful yet easy-to-use program can be customized for your brand, your industry, and your unique corporate structure. The program synthesizes various sources of data into one location, converting the flood of data into a consumable, visually dynamic format that provides the information needed to understand your market and maximize your sales efficiency. According to MacKenzie Corp leadership, the Atlas Explorer program has far exceeded their already lofty internal...
Southern California Edison Remains Committed to Wildfire Prevention and Response

Monday, October 01, 2018

In response to the growing risk of wildfires in Southern California, Greater Irvine Chamber Leaders Circle member Southern California Edison (SCE) is taking action to address wildfire prevention, response, and liability, and is committed to working with state leaders on practical policy solutions to more effectively address these issues.  Senate Bill 901 (SB 901) was signed recently into law. While this legislation is a step forward, SCE believes that more work still needs to be done to address wildfire prevention, response, and liability, and remains committed to working with state leaders on practical policy solutions to more effectively address these issues. SCE...