Consumer Discretionary Consumer Durables and Apparel

  • *Express Inc plunges after slashing forecast. Aug 24- Wall Street was set open little changed on Wednesday as investors kept up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of an interest rate hike. "This is going to be a lackluster drift upwards, with perhaps some stocks that have really run-up being the targets for...

  • Aug 24- U.S. stock index futures were flat on Wednesday as investors keep up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of a rate hike. *Wall Street has been on a record-setting run due to continued expectations for low rates, coupled with upbeat corporate earnings and strong economic data. *Wall Street closed higher...

  • Aug 22- Swimwear maker Speedo USA said on Monday it had decided to end its sponsorship of Ryan Lochte, becoming the first company to officially terminate its endorsement of the U.S. swimmer. Speedo USA said it would donate $50,000 of Lochte's fee to Save The Children, a global charity partner of Speedo USA's parent company. "The current situation in Brazil...

  • Aug 17- Wall Street looked set to open little changed on Wednesday as investors held off from making big bets ahead of the release of the minutes of the Federal Reserve's July policy meeting. Investors will parse the minutes, due at 2:00 p.m. ET, for hints about when the Fed could next raise rates, especially in light of New York Fed President William Dudley's...

  • *Investors will parse the minutes of the meeting for hints about when the Fed could next raise rates, especially in light of New York Fed President William Dudley's hawkish comments on Tuesday. *Dudley, a permanent voting member and a close ally of Fed Chair Janet Yellen, said a rate hike as soon as September was possible given evidence of wage gains and a tighter...

  • Nike sneaker on display

    Nike faces the challenge of designing products that work for Olympic athletes, and for everyday consumers.

  • Courts Results

    Courts Asia Group CEO Terry O'Connor says Q1 earnings were healthy because of margin improvements by keeping inventory tight and costs lean.

  • SEOUL, Aug 11- CJ Corp, the holding company of food-to-logistics CJ Group, and retailer SK Networks said on Thursday they submitted separate non-binding bids to acquire South Korean home appliance rental company Tongyang Magic Inc.. A South Korea- based private equity consortium called NH- Glenwood owns 100 percent of the company. More than 10 parties have...

  • Adidas store in New York

    Adidas reported an improvement in second-quarter sales and margins at the golf business it is trying to sell.

  • HONG KONG, July 31- China's GOME Electrical Appliances Holding issued a profit warning on Sunday, saying first-half profit was likely to plunge year-on-year due to a strategic shake-up which has seen some of its main outlets undergo renovation. In a statement to the Hong Kong stock exchange on Sunday, GOME said it had started to implement a transformation...

  • July 27- Lumber Liquidators Holdings Inc's quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe amid fears that some of its products could cause cancer. The company's net loss narrowed to $12.2 million, or 45 cents per share, in the second quarter ended June 30 from $20.3 million, or 75...

  • Donna Karan

    LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group.

  • PARIS, July 25- French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million. Analysts estimate DKNY's annual sales at $450 million to $500 million, meaning G-III would be paying 1-1.5 times annual revenue, less than the 1.9...

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Investment demand for British commercial property dropped by the largest amount on record after the vote, the Royal Institution of Chartered Surveyors says. IMPORTANT DATES AHEAD:-...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large home washing machines from China had been dumped in the United States. U.S. appliance maker Whirlpool Corp had urged the government in December to impose duties on washing machines manufactured in China by Samsung Electronics Co Ltd and LG...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large residential washers from China had been dumped in the United States. In 2014, imports of large residential washers from China were valued at an estimated $899.4 million, according to the Commerce Department. The United States slapped duties in 2012 on...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 20 Moody's says Brexit won't hurt EU finances but there is now a risk of political fragmentation. From the it-all-depends-on-who-you-are department: Appliance-maker...

  • EXCLUSIVE-CARLYLE, PARTNERS IN TALKS TO SELL BRAZIL'S SCALINA TO RIVAL APPAREL MAKER LUPO AFTER DEBT SETBACK- SOURCES.