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Consumer Discretionary Consumer Durables and Apparel

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  • NEW YORK, July 17- Stocks worldwide slipped on Friday after some lackluster corporate reports weighed on indexes and a recent Greece- driven relief rally showed signs of fading, while the U.S. dollar was set for its biggest weekly gain in two months. Forecast-beating corporate reports from mobile network supplier Ericsson, appliance maker Electrolux and Swiss...

  • LONDON, July 17- European stock markets slipped on Friday, with a recent Greece- driven relief rally showing signs of fading, while a drop in the shares of truck maker Volvo also weighed on equities. The earnings season is only just getting under way in Europe, with Friday's batch of results bringing forecast-beating numbers from mobile network supplier Ericsson,...

  • Euro zone stock markets' Greek relief rally fades Friday, 17 Jul 2015 | 6:17 AM ET

    LONDON, July 17- Blue-chip euro zone stocks slipped on Friday, with a recent Greece- driven relief rally showing signs of fading as investor focus shifts to the corporate earnings season and the timing of a U.S. interest rate hike. The trading day looked set to be dominated by U.S. inflation data due later as well as General Electric's earnings.

  • Greek relief rally fades as euro zone stocks slip Friday, 17 Jul 2015 | 4:29 AM ET

    LONDON, July 17- Blue-chip euro zone stocks slipped on Friday, with a recent Greece- driven relief rally showing signs of fading as investor focus shifts to the corporate earnings season and the timing of a U.S. interest rate hike. The earnings season is only just getting underway in Europe, with Friday's batch of results bringing forecast-beating numbers from...

  • July 14- Apparel maker Guess Inc said on Tuesday that Victor Herrero would replace co-founder Paul Marciano as chief executive in August. U.S. apparel retailers such as Guess, Aeropostale Inc and Gap Inc, have been facing stiff competition from fast-fashion retailers including Inditex's Zara, as well as H&M and Forever 21.. The Los Angeles- based company, which...

  • July 14- Apparel maker Guess Inc said Victor Herrero would replace co-founder Paul Marciano as chief executive in August. Herrero joins Guess after a stint as head of Asia Pacific for Inditex Group, which owns brands such as Zara and Massimo Dutti. Guess also said Paul Marciano would replace Maurice Marciano as chairman of the board and continue to serve as chief...

  • HONG KONG/ BEIJING, July 14- The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets. China had 155 smartphone brands selling over 1,000 handsets a month as at end-March, from 110...

  • Dylan's Candy Bar and Alice + Olivia founders dish Wednesday, 8 Jul 2015 | 12:23 PM ET
    Dylan Lauren (left) and Stacey Bendet Eisner

    Having it all: business built on passion, time for family, and control. Dylan Lauren and Stacey Bendet spill the jellybeans.

  • WASHINGTON, July 1- The United States filed a lawsuit on Wednesday to stop Sweden's Electrolux AB, which owns the Frigidaire and Tappan brands, from buying General Electric Co's appliance business, the Justice Department said in a statement. "Electrolux's proposed acquisition of General Electric's appliance business would leave millions of Americans...

  • WASHINGTON, July 1- The United States filed a lawsuit on Wednesday aimed at stopping Electrolux AB from buying General Electric Co's appliance business, the Justice Department said in a statement.

  • Change at the top at Nike Wednesday, 1 Jul 2015 | 6:00 AM ET
    Change at the top at Nike

    Nike Chairman Phil Knight announces plans to step down; says he plans to stay involved with the company.

  • HONG KONG, June 24- China's GOME Electrical Appliances Holding Ltd plans to buy Beijing Dazhong Home Appliances Retail Co Ltd for 3.83 billion yuan, formalizing its control of a company it has been managing for around eight years. GOME said it would buy the whole of Beijing Dazhong from Beijing Zhansheng Investment Co Ltd in a deal set off against a 3.6 billion...

  • June 15- Lumber Liquidators Holdings Inc terminated the employment of its chief merchandising officer, making him the latest top-level executive to leave the wood floorings retailer amid allegations it sourced laminates from China that contained excessive levels of a known carcinogen. A report by CBS's "60 Minutes" in March alleged that the company's...

  • *Dollar drops on optimism of Greece deal with creditors. *Intel drops after rating cut; biggest drag on indexes. June 2- U.S. stocks erased earlier losses to turned positive on Tuesday afternoon on optimism that Greece would strike a deal with its creditors, while weak U.S. data and bearish comments from a Federal Reserve board member allayed fears of a near-term...

  • *Juno jumps on report of AstraZeneca interest. June 2- U.S. stocks were lower in late morning trading, paring some of their losses earlier in the session, as weak factory orders data and bearish comments from a Federal Reserve board member allayed fears of a rate hike coming sooner rather than later. "Interest rates are not going to matter if they're rising because of...

  • Greece must repay four loans totaling 1.6 billion euros to the International Monetary Fund this month, starting with a 300 million euro payment on June 5. The leaders of Germany, France and Greece's international creditors agreed late on Monday to work with "real intensity" as they try to reach a deal that would prevent a default. "Stocks have been trying to break...

  • May 21- Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had resigned unexpectedly, even as the company continues to face fire over reports that it sourced flooring laminates with excessive levels of a known carcinogen. Lynch took over as Lumber Liquidators' CEO in January 2012. Lumber Liquidators named founder Thomas Sullivan as acting CEO...

  • Flooring retailer Lumber Liquidators' CEO resigns Thursday, 21 May 2015 | 8:38 AM ET

    May 21- Hardwood flooring retailer Lumber Liquidators Holdings Inc said Chief Executive Robert Lynch had resigned unexpectedly, sending its shares down 17 percent in premarket trading on Thursday. The company named founder Thomas Sullivan as acting CEO. Lumber Liquidators is facing U.S. government investigations after CBS's "60 Minutes" show alleged that...

  • UPDATE 1-Hangzhou shows the way to China's new economy Thursday, 21 May 2015 | 2:17 AM ET

    *Zhejiang capital Hangzhou a high-tech and software sector. *Hangzhou is home to Alibaba, taxi app Kuaidi Dache. HANGZHOU, China, May 21- Signs that China's reforms may be paying off have sprung up in the eastern coastal city of Hangzhou, where a booming high-tech and software sector has fired up the local economy in defiance of a nationwide slowdown.

  • Hangzhou shows the way to China's new economy Wednesday, 20 May 2015 | 5:00 PM ET

    *Zhejiang capital Hangzhou a high-tech and software sector. *Hangzhou is home to Alibaba, taxi app Kuaidi Dache. HANGZHOU, China, May 21- Signs that China's reforms may be paying off have sprung up in the eastern coastal city of Hangzhou, where a booming high-tech and software sector has fired up the local economy in defiance of a nationwide slowdown.