Consumer Discretionary Consumer Durables and Apparel

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  • NEW YORK, Sept 25- Early in August, a call came into Sysco Corp from Trian Fund Management LP, warning the food distributor that the activist hedge fund was about to disclose a large stake in the company. Trian, run by veteran investor Nelson Peltz, unveiled its 7.1 stake in Sysco on Aug. 14, and asked for board representation and for the Houston- based company to improve...

  • *Nigeria imposes forex controls, bans import of 680 items. Many items on the central bank list- ranging from incense and toothpicks to plywood, glass and steel products-- are not available in Nigeria in sufficient volumes. While Nigeria grows a lot of tomatoes, transport is poor and it lacks facilities to produce the concentrate needed by factories making tomato...

  • Franco Harris' socks don't stink. Seriously Friday, 11 Sep 2015 | 12:41 PM ET
    Franco Harris of the Pittsburgh Steelers against the Baltimore Colts, in November 1983.

    NFL Hall of Famer Franco Harris now runs an athletic apparel company called Silversport, which promises to keep socks, shirts and towels odor-free.

  • During last year's holiday season it limited the no-money-down option to certain weeks, said Jai Holtz, president of financial services at Sears. Wal-Mart Stores Inc started its layaway program in late August, two weeks earlier than 2014. The largest Texas supermarket chain, H-E-B, which also sells toys and appliances, has also launched a layaway plan and...

  • Under Armour's new weapon in the tennis wars Thursday, 3 Sep 2015 | 12:33 PM ET
    Andy Murray of Britain hits the ball to Nick Kyrgios of Australia during their first round match at the U.S. Open Championships tennis tournament in New York, September 1, 2015.

    Nike has long dominated the tennis wars with many of the biggest stars in the game, but Under Armour is betting big on its newest star.

  • YANGON, Aug 29- Myanmar has set a minimum wage of 3,600 kyat for an eight-hour work day, a move likely to boost investment in the fast-growing country's garment industry. Myanmar's government has targeted garments for rapid growth, and Saturday's statement may help spur this, as it gives clarity on the law and labor costs to global apparel brands buying clothes...

  • SAO PAULO, Aug 20- Brazilian retailer GPA SA said on Thursday it, along with holding company Wilkes Participacoes, would pay 212.46 million reais to Morzan Empreendimentos to settle arbitration over its takeover of home appliances retailer Globex.

  • Aug 19- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported better-than-expected quarterly same-store sales, helped by higher demand for items such as appliances and outdoor power equipment. Larger rival Home Depot Inc also reported a stronger-than-expected rise in quarterly same-store sales on Tuesday, helped by increased home remodeling...

  • How underwear has gone high tech Friday, 24 Jul 2015 | 10:00 AM ET
    How underwear has gone high tech

    Underwear maker Mack Weldon incorporates this metal into its fabrics.

  • 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.

  • 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.

  • Electrolux Q1 profit falls less than expected Friday, 24 Apr 2015 | 3:32 AM ET

    Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.

  • Can Adidas be 'cool' again? One exec thinks so Friday, 27 Mar 2015 | 1:36 PM ET
    An Adidas Store is shown at the Galleria Mall in Houston.

    Can Adidas recover from 7 percent sales slip to become 'cool' again in the U.S.?

  • Up for grabs: NBA uniform and apparel contract Monday, 16 Mar 2015 | 4:18 PM ET
    A shopper walks past Adidas AG merchandise in Beijing, China, on Sunday, Feb. 26, 2012. Adidas, the exclusive maker of National Basketball Association (NBA) uniforms.

    Adidas announced it will not be renewing its partnership with the NBA when its current contract expires following the 2016-2017 season.

  • Whirlpool profit drops due to acquisition costs Wednesday, 4 Feb 2015 | 10:30 AM ET
    An employee works on a Whirlpool washing machine at the company's operations plant in Clyde, Ohio.

    Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.

  • Global auto sales remain on uptrend: IHS Monday, 2 Feb 2015 | 5:00 AM ET
    Toyota dealership, auto dealer, auto sales

    Car sales are set to rise again this year, albeit at a slower pace, continuing a five-year recovery, boosted by Chinese and U.S. demand, IHS forecasts.

  • Teen fashion retailers are going out of style Wednesday, 7 Jan 2015 | 6:40 PM ET
    A Deb Shop in Westland, Michigan

    Deb Shops, the once popular teen fashion retailer, won court approval on Wednesday to begin going-out-of-business sales for nearly 300 stores.

  • China tech firms bet on Misfit Wearables Thursday, 4 Dec 2014 | 8:41 PM ET
    China tech firms bet on Misfit Wearables

    Sonny Vu, President & CEO of U.S. start-up Misfit Wearables, discusses the firm's $40 million investment from Chinese tech firms Xiaomi and JD.com

  • Global Brands teams up with David Beckham Wednesday, 3 Dec 2014 | 7:20 PM ET
    Global Brands teams up with David Beckham

    Bruce Rockowitz, CEO of Global Brands, and football star David Beckham discuss their new project to build brands with high profile sports and entertainment icons.

  • Whirlpool posts higher profit but reduces forecast Tuesday, 28 Oct 2014 | 11:11 AM ET
    A customer talks to a sales associate in front of a row of Whirlpool washing and drying machines.

    Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.