Consumer Discretionary Consumer Durables and Apparel

  • 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...

  • 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...

  • NEW YORK, Aug 24- Wall Street retreated on Wednesday, pulled lower by weakness in the materials and healthcare sectors as investors continued to weigh the possibility of an interest rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the direction of monetary policy.

  • NEW YORK, Aug 24- Wall Street retreated on Wednesday, pulled lower by declines in the materials and healthcare sectors as investors continued to assess the possibility of an interest rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the direction of monetary...

  • Aug 24- Wall Street was lower on Wednesday, led by declines in technology and defensive stocks as investors weighed up the possibility of a rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming on Friday when she is expected to give a steer on the direction of monetary policy.

  • Aug 24- Wall Street was lower on Wednesday, led by declines in technology and defensive stocks as investors weighed up the possibility of a rate hike in the coming months. The market is squarely focused on Federal Reserve Chair Janet Yellen's speech at Jackson Hole, Wyoming on Friday when she is expected to give a steer on the direction of monetary policy.

  • *Express Inc plunges after slashing forecast. Aug 24- Wall Street was little changed on Wednesday morning as investors played a waiting game ahead of Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of an interest rate hike. "This is going to be a lackluster drift upwards, with perhaps some stocks that have really run-up being the...

  • *Express Inc plunges after slashing forecast. Aug 24- Wall Street was set open little changed on Wednesday as investors kept up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of an interest rate hike. "This is going to be a lackluster drift upwards, with perhaps some stocks that have really run-up being the targets for...

  • Aug 24- U.S. stock index futures were flat on Wednesday as investors keep up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of a rate hike. *Wall Street has been on a record-setting run due to continued expectations for low rates, coupled with upbeat corporate earnings and strong economic data. *Wall Street closed higher...

  • Aug 22- Swimwear maker Speedo USA said on Monday it had decided to end its sponsorship of Ryan Lochte, becoming the first company to officially terminate its endorsement of the U.S. swimmer. Speedo USA said it would donate $50,000 of Lochte's fee to Save The Children, a global charity partner of Speedo USA's parent company. "The current situation in Brazil...

  • Aug 17- Wall Street looked set to open little changed on Wednesday as investors held off from making big bets ahead of the release of the minutes of the Federal Reserve's July policy meeting. Investors will parse the minutes, due at 2:00 p.m. ET, for hints about when the Fed could next raise rates, especially in light of New York Fed President William Dudley's...

  • *Investors will parse the minutes of the meeting for hints about when the Fed could next raise rates, especially in light of New York Fed President William Dudley's hawkish comments on Tuesday. *Dudley, a permanent voting member and a close ally of Fed Chair Janet Yellen, said a rate hike as soon as September was possible given evidence of wage gains and a tighter...

  • Nike sneaker on display

    Nike faces the challenge of designing products that work for Olympic athletes, and for everyday consumers.

  • Courts Results

    Courts Asia Group CEO Terry O'Connor says Q1 earnings were healthy because of margin improvements by keeping inventory tight and costs lean.

  • SEOUL, Aug 11- CJ Corp, the holding company of food-to-logistics CJ Group, and retailer SK Networks said on Thursday they submitted separate non-binding bids to acquire South Korean home appliance rental company Tongyang Magic Inc.. A South Korea- based private equity consortium called NH- Glenwood owns 100 percent of the company. More than 10 parties have...

  • Adidas store in New York

    Adidas reported an improvement in second-quarter sales and margins at the golf business it is trying to sell.

  • HONG KONG, July 31- China's GOME Electrical Appliances Holding issued a profit warning on Sunday, saying first-half profit was likely to plunge year-on-year due to a strategic shake-up which has seen some of its main outlets undergo renovation. In a statement to the Hong Kong stock exchange on Sunday, GOME said it had started to implement a transformation...

  • July 27- Lumber Liquidators Holdings Inc's quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe amid fears that some of its products could cause cancer. The company's net loss narrowed to $12.2 million, or 45 cents per share, in the second quarter ended June 30 from $20.3 million, or 75...

  • Donna Karan

    LVMH is selling Donna Karan International, the parent of New York label DKNY, to U.S. clothing firm G-III Apparel Group.

  • 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.