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Consumer Discretionary Consumer Durables and Apparel

  • The bankruptcy auction of Los Angeles- based American Apparel, which made its branding theme "Made in the U.S.A", will determine the future of a major clothing manufacturing plant in California, one of the most expensive U.S. states in terms of labor costs. Amazon and Forever 21, as well as California- based apparel maker Next Level Apparel and brand licensor...

  • Founder Mike Lindell demonstrates MyPillow.

    On Tuesday, the Better Business Bureau slapped MyPillow with an "F" rating and revoked its accreditation.

  • Walt Disney Parks and Resorts recalls Minnie and Mickey Mouse infant hoodie sweatshirts.

    Walt Disney Parks and Resorts recalled about 15,000 Minnie and Mickey Mouse infant hoodie sweatshirts on Wednesday due to a choking hazard.

  • FRANKFURT, Dec 27- Two Chinese companies and Singapore's sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany's leading carmakers to help them develop self-driving cars. China is pushing the development of electric and autonomous cars and has made several high-profile investments in high tech...

  • *NavInfo, Tencent, GIC buying 10 pct stake in HERE. FRANKFURT, Dec 27- Chinese mapping firm NavInfo, internet group Tencent and Singapore's sovereign wealth fund GIC are buying a 10 percent stake in digital maps company HERE, the latest in a string of Chinese acquisitions in Europe. Germany carmakers Audi, BMW and Daimler bought HERE from Nokia for 2.55 billion euros...

  • HONG KONG, Dec 15- Campaigners say new global rules to protect endangered tree species will be a test for Hong Kong, already grappling to deal with its role as a conduit for illegal timber flooding into China to meet demand for fancy furniture. China and Hong Kong have until Jan. 2 to implement a U.N. Convention on International Trade in Endangered Species rule set in...

  • Pedestrians walk past an Under Armour Inc. store in Shanghai, China, on Monday, Dec. 21, 2015.

    The spike follows Under Armour's announcement that it will change the ticker symbols of its Class A (UA) and Class C (UA.C) common stocks.

  • PETRITSI, Bulgaria Nov 23- Greek businessman Prokopis Makris believes moving to Bulgaria three years ago was the best decision he ever made. The accountant shut his failing furniture company in Greece and opened a business helping other entrepreneurs move to Bulgaria to escape a 29 percent tax rate, which has jumped since Athens adopted austerity as part of an...

  • PETRITSI, Bulgaria Nov 23- Greek businessman Prokopis Makris believes moving to Bulgaria three years ago was the best decision he ever made. The accountant shut his failing furniture company in Greece and opened a business helping other entrepreneurs move to Bulgaria to escape a 29 percent tax rate, which has jumped since Athens adopted austerity as part of an...

  • PETRITSI, Bulgaria Nov 23- Greek businessman Prokopis Makris believes moving to Bulgaria three years ago was the best decision he ever made. The accountant shut his failing furniture company in Greece and opened a business helping other entrepreneurs move to Bulgaria to escape a 29 percent tax rate, which has jumped since Athens adopted austerity as part of an...

  • PETRITSI, Bulgaria Nov 23- Greek businessman Prokopis Makris believes moving to Bulgaria three years ago was the best decision he ever made. The accountant shut his failing furniture company in Greece and opened a business helping other entrepreneurs move to Bulgaria to escape a 29 percent tax rate, which has jumped since Athens adopted austerity as part of an...

  • PETRITSI, Bulgaria Nov 23- Greek businessman Prokopis Makris believes moving to Bulgaria three years ago was the best decision he ever made. The accountant shut his failing furniture company in Greece and opened a business helping other entrepreneurs move to Bulgaria to escape a 29 percent tax rate, which has jumped since Athens adopted austerity as part of an...

  • MILAN, Nov 22- Italy's biggest utility Enel has committed to upgrade its networks to prepare for a digital era when home appliances will be hooked up to the Internet, in a move that will drive fatter shareholder returns. In the presentation of its 2017-2019 strategy plan, Enel forecast ordinary net profit will grow at an average of around 14 percent per year in the...

  • *Signals share buyback of up to 2 bln euros. MILAN, Nov 22- Italy's biggest utility, Enel, signaled higher dividends and a share buyback of up to 2 billion euros on Tuesday, and unveiled plans to upgrade its networks for an era when home appliances will be hooked up to the Internet. Enel, Europe's biggest utility in terms of customers, said in its strategy plan for...

  • LONDON, Nov 22- British internet retailer AO World said it was set up well for the rest of the year after a strong first half in which it delivered group earnings of 1.5 million pounds against a 4.5 million pound loss a year ago. Revenue for the group, which sells home appliance and electronic goods, rose 22.9 percent to 324.7 million pounds for the six months to...

  • *Lists assets and liabilities in $100- $500 mln range. NEW YORK, Nov 14- American Apparel LLC filed for its second bankruptcy protection in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder. American Apparel, known as much for its sexually charged advertising, listed assets...

  • NEW YORK, Nov 14- American Apparel LLC filed its second bankruptcy in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder. American Apparel listed assets and liabilities in the range of $100 million to $500 million, according to a Delaware court filing....

  • *Jan-Sept net profit at 4.1 mln euros. LJUBLJANA, Nov 10- Household appliances maker Gorenje said on Thursday that Panasonic, which looked at making a bid for the Slovenian company earlier this year, had decided against a takeover deal. It also said it expected to end 2016 with a group net profit of 7.6 million euros, up from a profit of 4.1 million euros in the first...

  • CHARLOTTE, North Carolina, Nov 10- Donald Trump's promise to revive small town America faces a tough challenge in an economy that for decades has been wired to direct income and opportunities towards urban hubs and the better educated. During President Barack Obama's eight years in office incomes for the best off continued to diverge, despite nearly 10 million...

  • CHARLOTTE, North Carolina, Nov 10- Donald Trump's promise to revive small town America faces a tough challenge in an economy that for decades has been wired to direct income and opportunities towards urban hubs and the better educated. During President Barack Obama's eight years in office incomes for the best off continued to diverge, despite nearly 10 million...