Underwear maker Mack Weldon incorporates this metal into its fabrics.» Read More
March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards, according to television news program "60 Minutes." CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New...
March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring containing levels of formaldehyde that were higher than those permitted under California's health and safety standards, according to television news program "60 Minutes". CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida,...
LONDON, Feb 25- AO World, the British online retailer of domestic appliances that soared at its flotation a year ago, cut its full-year earnings outlook on Wednesday and saw its shares crash by 46 percent at the open. AO, which has also moved into Germany as part of a wider European expansion plan, said some of the revenue growth this time last year was due to the extra...
LONDON, Feb 6- British furniture retailer DFS said on Friday it intended to float on the London Stock exchange and expected the offer to raise gross proceeds of 105 million pounds. DFS, which is owned by private equity firm Advent International, has a quarter share of Britain's 3 billion pound upholstered furniture market. It has 105 stores in the UK, Ireland and the...
CHICAGO, Feb 4- If the U.S. dollar stays at current levels, Whirlpool Corp's revenue could take a hit of up $1 billion in 2015, but the world's largest appliance maker expects to protect its profits, Chief Executive Officer Jeff Fettig told Reuters on Wednesday. Raising prices in some foreign markets should offset some of the effects of the strong dollar, which...
CHICAGO, Feb 4- Whirlpool Corp on Wednesday said 2015 would be another solid year for U.S. sales of its washers, stoves and refrigerators because of the housing market's recovery and low oil prices, and its shares rose 6 percent. Whirlpool reported a net profit of $81 million, or $1.02 a share, down more than 55 percent from $181 million, or $2.26 a share, a year earlier.
Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.
CHICAGO, Feb 4- Whirlpool Corp on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding those costs, the results beat market expectations. Whirlpool reported a net profit of $81 million, or $1.02 a share, down more than 55 percent from $181 million, or $2.26 a share, a year earlier. Last July Whirlpool acquired a majority...
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.
Deb Shops, the once popular teen fashion retailer, won court approval on Wednesday to begin going-out-of-business sales for nearly 300 stores.
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
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 posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.
Sports apparel maker Under Armour reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading.
Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Gillette hopes its FlexBall razor can boost stagnant razor sales with a nifty new swiveling feature.
What to make of CEOs who blame weather for poor sales, and what investors can expect from spring sales, with Mary Epner, Mary Epner retail analysis.
Gap will report earnings after the closing bell. CNBC's Courtney Reagan reports on a few positive earnings surprises from other retailers.
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.