Consumer Discretionary Consumer Durables and Apparel

  • PARIS, July 25- French luxury group LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group in a deal valuing the loss-making fashion brand at $650 million. Analysts estimate DKNY's annual sales at $450 million to $500 million, meaning G-III would be paying 1-1.5 times annual revenue, less than the 1.9...

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Investment demand for British commercial property dropped by the largest amount on record after the vote, the Royal Institution of Chartered Surveyors says. IMPORTANT DATES AHEAD:-...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large home washing machines from China had been dumped in the United States. U.S. appliance maker Whirlpool Corp had urged the government in December to impose duties on washing machines manufactured in China by Samsung Electronics Co Ltd and LG...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large residential washers from China had been dumped in the United States. In 2014, imports of large residential washers from China were valued at an estimated $899.4 million, according to the Commerce Department. The United States slapped duties in 2012 on...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 20 Moody's says Brexit won't hurt EU finances but there is now a risk of political fragmentation. From the it-all-depends-on-who-you-are department: Appliance-maker...

  • EXCLUSIVE-CARLYLE, PARTNERS IN TALKS TO SELL BRAZIL'S SCALINA TO RIVAL APPAREL MAKER LUPO AFTER DEBT SETBACK- SOURCES.

  • SHANGHAI, July 12- Swedish furniture company IKEA Group said it would recall 1.66 million chests and dressers in China over concerns the drawers could pose a danger to children if not properly fixed to walls, China's safety regulator said on Tuesday. The recall covers MALM chests or dressers manufactured from 1999 to 2016, China's General Administration of...

  • DHAKA/ MUMBAI, July 3- Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after 18 foreigners were killed in an attack on a Dhaka restaurant. Bangladesh, one of the world's poorest countries, relies on garments for around 80 percent of its exports and...

  • DHAKA/ MUMBAI, July 2- Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after Islamist militants killed at least 17 foreigners in an attack on a Dhaka restaurant. Bangladesh, one of the world's poorest countries, relies on garments for around 80...

  • DHAKA/ MUMBAI, July 2- Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after Islamist militants killed 20 foreigners in an attack on a Dhaka restaurant. Bangladesh, one of the world's poorest countries, relies on garments for around 80 percent of...

  • DHAKA/ MUMBAI, July 2- Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after Islamist militants killed more than a dozen foreigners in an attack on a Dhaka restaurant. Bangladesh, one of the world's poorest countries, relies on garments for...

  • DHAKA/ MUMBAI, July 2- Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after Islamist militants killed more than a dozen foreigners in an attack on a Dhaka restaurant. Bangladesh, one of the world's poorest countries, relies on garments for...

  • DHAKA/ MUMBAI, July 2- Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after Islamist militants killed more than a dozen foreigners in an attack on a Dhaka restaurant. Bangladesh, one of the world's poorest countries, relies on garments for...

  • SHANGHAI, June 22- China's main stock indexes closed up on Wednesday as more investors bet Britain will vote to stay in the European Union this week, while Federal Reserve Chair Janet Yellen's cautious tone on future rate hikes also soothed market sentiment. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.9 percent to 3,133.96...

  • SHANGHAI, June 22- China and Hong Kong shares rose on Wednesday morning, as more investors bet Britain will vote to stay in the European Union this week, while Federal Reserve Chair Janet Yellen's cautious tone on future rate hikes also soothe market sentiment. In Hong Kong, both the Hang Seng index and the Hong Kong China Enterprises Index added 0.4 percent.

  • Yoga PKG

    As yoga continues to gain momentum globally, it is also giving rise to entrepreneurs in the "athleisure" space. CNBC's Akiko Fujita has more.

  • BERLIN, June 20- German billionaire businessman Friedhelm Loh does not plan to launch a counter offer for German industrial robot maker Kuka, the target of a 4.5 billion euro bid by China's Midea, he told a German newspaper. Kuka is the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of deals over recent months and the bid...

  • June 16- Lumber Liquidators Holdings Inc has agreed not to sell its existing inventory of laminate flooring previously sourced from China, the U.S. consumer safety regulator said, as the flooring retailer looks to move beyond allegations the products contained excessive levels of cancer-causing formaldehyde. The U.S. Consumer Products Safety Commission...