Consumer Discretionary Consumer Durables and Apparel

  • The annual rich list of China's movers and shakers gives a temperature check on where money is flowing in China, and underlines the growing financial muscle of the country's super-rich- a trend that has been fuelling a boom in global deals. Yao has been at the centre of a hostile takeover battle for China's largest real estate developer China Vanke Co Ltd..

  • Chengdu Techcent Environment agreed last week to acquire assets in Germany's ALBA worth more than 300 million euros. China's Shanghai Electric Group bought German aviation equipment manufacturer BAW for HK $1.7 billion in August. China Three Gorges, which operates the world's largest hydropower plant on China's Yangtze river, will buy German offshore...

  • Italy is Europe's worst performing market so far this year and some foreign investors have been so transfixed by the Southern European country's macro-economic risks and political turmoil they have missed the rise of niche firms like Brembo. David Marcus, CEO of U.S. based Evermore Global Advisors, said Italy had long been neglected, but now the country was...

  • HONG KONG, Oct 4- U.S. private equity firm KKR& Co LP has told investors it will refrain from launching a new fund targeting small- and medium-sized companies in China and will instead focus on larger, more profitable buyouts, people familiar with the plans told Reuters. New York- based KKR's move underscores a shift underway in Asia, where global private equity firms...

  • FRANKFURT, Sept 29- Growth in sales of industrial robots has halved from levels seen two years ago and is unlikely to recover those levels over the next few years because demand in China, the biggest market, has slowed. Shipments in China rose 20 percent last year, after surging 56 percent in 2014, as the world's second-biggest economy slowed, IFR said, revising...

  • Tommy John undershirts

    Competition in the men's undergarment sector goes to prove how willing consumers are to invest in quality and value.

  • TOKYO, Sept 29- Japan's retail sales fell more than expected in August for the sixth straight month of annual declines due to falling sales of clothes and home appliances- keeping policymakers under pressure to find ways of beefing up household spending. The weak reading underscores the relative fragility in Japan's economy, with slow wage growth and gloomy...

  • TOKYO, Sept 29- Japan's retail sales fell more than expected in August for the sixth straight month of annual declines due to falling sales of clothes and home appliances- keeping policymakers under pressure to find ways of beefing up household spending. The weak reading underscores the relative fragility in Japan's economy, with slow wage growth and gloomy...

  • The new Yeezy Boost 350 V2, launching on September 24, 2016

    An opportunity to turn a profit of as much as 500 percent awaited Yeezy buyers on the global sneaker resale market, said StockX CEO Josh Luber.

  • Nike to launch self-lacing shoes Nov. 28

    The self-lacing HyperAdapt 1.0 sneakers are scheduled to hit shelves in select US stores after Thanksgiving.

  • Sept 20- Baltimore's city council gave final approval for a $660 million public financing package to help fund a $5.5 billion project for Under Armour Inc Chief Executive Kevin Plank's real estate company, a council spokesman said on Tuesday. Plank's company, Sagamore Development, has called Port Covington one of the biggest urban renewal projects in the...

  • BEIJING, Sept 13- China's factory output and retail sales grew faster than expected in August as a strong housing market and a government infrastructure spending spree underpinned growth in the world's second-largest economy. "It is a good time for China to deliver on structural reform, especially on the SOE side, to restore confidence in the economy," he said,...

  • This manufacturer makes sportswear with wearable sensors

    Sing Lun Holdings CEO Mark Lee tells CNBC about how a culture of innovation is important, even in the sportswear manufacturing business.

  • Managing Asia Block A

    Sing Lun Holdings' Mark Lee tells CNBC how he took over the reins of his third-generation family business and the growing interest in fitness.

  • Under Armour clothing on a display in a sporting good store.

    When athletes appeared in slick athletic gear by brands like Under Armour and Puma during the Rio Olympics, Mark Lee had extra reason to cheer.

  • HONG KONG, Sept 7- Private equity firm KKR& Co has started talks with investors for a third Asia fund, targeting a record $7 billion with a formal launch expected by year-end, people familiar with the plans said. KKR's fundraising plan would pit it against rival U.S. buyout firm TPG Capital Management which is launching a new Asia fund in the coming months with a...

  • Thousands of people take part in a funeral procession in Phnom Penh on July 24, 2016 for Kem Ley, a Cambodian political analyst and pro-democracy campaigner who was shot dead in broad daylight on July 10. Kem Ley's murder sent shudders through Cambodian civil society in a country already bristling with political tensions and where activists are frequently threatened by powerful interests.

    Cambodia is at a tipping point, as a volatile political situation puts its key industry in the firing line.

  • Aug 25- Whirlpool Corp, the world's largest maker of home appliances, is recalling 15,200 Whirlpool brand microwaves due to a fire hazard, the U.S. Consumer Product Safety Commission said on Thursday. The formation of internal sparks when the product was being used could ignite a plastic component, posing a fire hazard, the CPSC said. Whirlpool has so far received...

  • The shortage of cotton from Egypt, which commands a premium due to its superior quality, creates an incentive to blend it with other types of cotton without disclosing it or to counterfeit the label altogether, cotton traders said, exacerbating a problem that has plagued the industry for years. While other countries including the United States and Australia...

  • Aug 25- Sears Holdings Corp posted a net loss due to lower sales of home appliances and apparel, and the company said it accepted debt financing of $300 million from Chief Executive Edward Lampert's hedge fund, ESL Investments. The owner of the Sears department store and Kmart discount store chains reported a 5.2 percent drop in comparable store sales for the...