Consumer Discretionary Consumer Durables and Apparel

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  • Retail execs talk shop: Is the consumer spending?

    Present and former retail CEOs discuss the state of the US consumer.

  • Jan 19- Department store operator J.C. The chain will sell kitchen and laundry appliances in a range of price points from GE, Hotpoint, LG Electronics Inc and Samsung Electronics in 22 pilot stores starting Feb. 1. "The introduction of major appliances will help us continue to significantly improve sales and gross profit per square foot in our home department,"...

  • *Value of Brazil's M&A deals slumped 30 pct last year. SAO PAULO, Jan 15- Banco Bradesco BBI SA, which ended last year as the top-ranked advisor for mergers and acquisitions in Brazil for the first time in nearly two decades, expects a worsening recession and weakening currency to fuel takeover activity in coming months. The investment banking unit of Banco...

  • Jan 15- General Electric Co said it would sell its appliance business to China's Haier Group for $5.4 billion in cash, another step in its push to sell its non-core assets and project itself as a technology company. The deal comes weeks after GE walked away from a deal to sell the business to Sweden's Electrolux for $3.3 billion, following months of opposition from...

  • A Sears customer shops near General Electric appliances in Schaumburg, Illinois, September 8, 2014.

    Chinese appliance maker Haier is buying General Electric's appliance unit for $5.4 billion to expand its global presence.

  • Lululemon clothing on display in Pasadena, Calif.

    Flared track pants and tracksuits will be trendsetters next season outside the gym as 'athleisure' gains momentum.

  • WASHINGTON, Dec 16- Whirlpool Corp filed a complaint with the U.S. International Trade Commission on Wednesday against what it said were cheap imports of washing machines from China, which could end in duties on goods made by companies including Samsung Electronics and LG Electronics. In 2012, the United States slapped duties on washers from South Korea and...

  • STOCKHOLM, Dec 7- Shares in Sweden's Electrolux slumped more than 10 percent on Monday after a $3.3 billion deal to buy General Electric's appliance business fell through. But the U.S. Department of Justice said the deal would reduce competition and drive up prices, and asked a federal court in July to stop it from going ahead. "It is a major disappointment for...

  • WASHINGTON, Dec 2- AB Electrolux's deal to buy General Electric Co's appliance business will tie together two companies facing stiff competition from Asian competitors and be good for consumers, Home Depot Inc executive Bob Baird testified in U.S. federal court on Wednesday. The Justice Department is asking a judge to stop Sweden's Electrolux, which makes...

  • Globalization is the buzzword fuelling the success of Japan's richest man, Fast Retailing CEO and president Tadashi Yanai.

  • HELSINKI, Nov 26- Applying 17 proven national low-carbon strategies globally could reduce greenhouse gas emissions by 25 percent by 2030, according to a study by the Finnish think tank Sitra. The report said Brazil's drive to reduce deforestation could be copied in Indonesia and elsewhere, and Japan's program to make household appliances more efficient...

  • American designer Carrie Hammer made her mark at Shanghai Fashion Week with the models she used on the runway.

  • Nov 24- Activist investor Sandell Asset Management Corp said its nominees were not elected to Ethan Allen Interiors Inc's board, dealing a blow to the hedge fund's intense, four-month effort to drive changes at the storied home furniture company. Tuesday's early results hand a victory to Ethan Allen's long time CEO, Farooq Kathwari, who has led the company in...

  • STOCKHOLM, Nov 3- Fashion retailer Hennes& Mauritz said on Tuesday it had agreed with IndustriALL Global Union to jointly train its direct suppliers and their workers in how to improve relations and dialogue between social partners. The Asian garment industry has been shaken by labour unrest over low wages and poor working conditions, such as pay protests in...

  • WASHINGTON, Nov 19- AB Electrolux's CEO argued on Thursday that his company should be allowed to buy General Electric's appliance business despite documents describing a consolidated U.S. market, saying the GE deal would not push up prices for consumers. The Department of Justice asked a federal court in July to stop Sweden's Electrolux, which makes...

  • *Best Buy will report quarterly earnings on Thursday. *Sears' woes create opportunity for Best Buy in appliances. CHICAGO, Nov 18- Best Buy Co Inc is betting that appliance sales will drive significant revenue growth in the future, a strategy that is likely to benefit the biggest U.S. electronics chain when it reports earnings on Thursday.

  • WASHINGTON, Nov 9- The government argued Monday that U.S. consumers would pay 5 percent more for ranges and wall ovens if AB Electrolux was allowed to buy General Electric's appliance business but the companies accused antitrust enforcers of failing to acknowledge powerful and growing competition from overseas manufacturers. The Department of Justice...

  • Tommy John underwear claims to have solved the "wedgie" issue.

    Tommy John is trying to get men to invest in better undergarments with its Air briefs, which it claims never bunch.

  • Pedestrians pass in front of a Skechers store in New York.

    Skechers USA reported lower-than-expected rise in quarterly comparable sales and revenue, sending its shares down 35 percent after market.

  • A Lululemon Athletica store in Pasadena, California.

    Lululemon Athletica said its chief product officer is leaving after just two years with the premium yogawear retailer.