×

Consumer Discretionary Consumer Durables and Apparel

  • Kevin Plank

    Under Armour says CFO Chip Molloy is leaving for personal reasons. It did not elaborate.

  • Jan 26- Whirlpool Corp, the world's largest maker of home appliances, reported lower-than-expected fourth-quarter earnings on Thursday, hurt by a decline in sales in the United Kingdom following the vote in June to leave the European Union. Margins were negatively impacted by about $40 million in the UK due to a decline in the value of the pound and a drop in...

  • Jan 26- Whirlpool Corp, the world's largest maker of home appliances, reported lower-than-expected fourth-quarter earnings on Thursday, hurt by a decline in sales in the United Kingdom following the vote in June to leave the European Union. Whirlpool's overall net sales rose 1.7 percent to $5.66 billion in the quarter ended Dec. 31, but sales in Europe, the Middle...

  • Jan 26- Whirlpool Corp, the world's largest maker of home appliances, said its fourth-quarter profit remained unchanged as acquisition costs offset higher sales from North America, its largest market. Earnings per share rose to $2.36 from $2.28 per share, a year earlier. Whirlpool's sales had decreased in the previous four quarters due to soft demand, tough...

  • Wearing the cheongsam beyond the Lunar New Year

    CNBC's Akiko Fujita speaks to Priscilla Shunmugam, founder of Ong Shunmugam, about reinventing the cheongsam.

  • Jan 24- Whirlpool Corp said on Tuesday it would restructure its Europe, Middle East and Africa dryer manufacturing operations, and cut about 500 jobs in the region. The world's No. 1 maker of home appliances said production at its Amiens, France, facility would cease in 2018 as part of the restructuring. The company said its Yate, UK, facility would now focus on...

  • President Donald Trump told leaders of companies ranging from defense manufacturer Lockheed Martin Corp to sportswear apparel maker Under Armour Inc on Monday that he believed his administration could cut U.S. regulations governing companies by 75 percent or more. In a meeting with about 10 senior executives at the White House, Trump also reiterated his...

  • Computers are a key contributor to the U.S.-China trade deficit.

    North Asia will be hit the hardest when U.S. president-elect Trump follows through on his promises on trade, said Goldman Sachs.

  • Trump won't bring in import taxes: Adidas CEO

    Adidas CEO Kasper Rorsted explains his view that consumer demand - not U.S. President-elect Donald Trump - will affect growth.

  • Fancy sportswear that reduces your body temperature?

    Christophe Bezu, CEO of ODLO International, says that the sportswear company might have roots in ski apparel but it's branching out.

  • The company had 2,166 employees at its headquarters in Los Angeles, and 959 employees at the nearby South Gate manufacturing facility. Francisco Morales, 56, who made clothes for seven years at the Los Angeles plant, was one of the American Apparel workers to be handed his employment termination notice and his last paycheck on Monday. Last week, American Apparel...

  • The company had 2,166 employees at its headquarters in Los Angeles, and 959 employees at the nearby South Gate manufacturing facility. Francisco Morales, 56, who made clothes for seven years at the Los Angeles plant, was one of the American Apparel workers to be handed his employment termination notice and his last paycheck on Monday. Last week, American Apparel...

  • MONTREAL/ NEW YORK Jan 10- American Apparel LLC's made-in-the-U.S. heritage is uncertain after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash. American Apparel had insisted in the weeks leading up to its bankruptcy and auction that any deal would keep its manufacturing...

  • WASHINGTON, Jan 10- U.S. regulators on Tuesday upheld hefty tariffs on Samsung and LG brand residential washing machines manufactured in China, saying these products were sold below cost, harming American appliance makers including Whirlpool Corp.. The U.S. International Trade Commission voted unanimously to impose final duties on the products of up to 52.5...

  • MONTREAL/ NEW YORK Jan 10- American Apparel LLC's made-in-the U.S. heritage is uncertain, after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash. Gildan, which has yarn-spinning and distribution facilities in the United States and is the largest domestic consumer of...

  • Jan 10- Canadian apparel maker Gildan Activewear Inc said on Tuesday it had won a bankruptcy auction to buy U.S. fashion retailer American Apparel LLC for about $88 million in cash. Gildan's Toronto- listed and U.S.-listed shares rose more than 3 percent in morning trading, hitting their biggest intraday percentage gain in nearly 2 months.

  • Jan 10- Canadian apparel maker Gildan Activewear Inc said it had won a bankruptcy auction to buy U.S. fashion retailer American Apparel for about $88 million in cash. Reuters reported late on Monday that Gildan had won the auction, which also attracted other bidders such as California- based apparel maker Next Level. Guggenheim Securities, LLC is acting as...

  • *Berlin reviews powers to block foreign takeovers. *China also scrutinising outbound investment projects. BERLIN/ FRANKFURT, Jan 9- Germany is reviewing its powers to block foreign acquisitions after a spate of Chinese takeovers, but the government's commitment to free trade beats its concerns about haemorrhaging strategic technologies and will limit any...

  • NEW YORK, Jan 9- Canadian apparel maker Gildan Activewear Inc has won a bankruptcy auction for U.S. fashion retailer American Apparel LLC after raising its offer to around $88 million, a person familiar with the matter said Monday. The auction for the retailer also attracted an offer from California- based apparel maker Next Level Apparel, a source said earlier on...

  • NEW YORK, Jan 9- Canadian apparel maker Gildan Activewear Inc has won a bankruptcy auction for U.S. fashion retailer American Apparel LLC after raising its offer to around $88 million, a person familiar with the matter said Monday. The auction for the retailer, famous for its sexually-charged advertising, also attracted an offer from California- based apparel...