CNBC's Simon Hobbs, Morgan Brennan and Dominic Chu look at today's "Power Lunch" stories, including water shut-offs in Detroit, and Ralph Lauren's new smart shirts.» Read More
*Expects deal to add $1 a share to earnings in third year. Oct 31- PVH Corp will buy rival Warnaco Group Inc for about $2.8 billion in a deal that will give the company more control of the Calvin Klein clothing brand and boost profits immediately, sending PVH shares up as much as 23 percent.
*Offer of $68.43 a share represents a premium of 34 percent. Oct 31- PVH Corp will buy rival Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal that will give the company control of the Calvin Klein clothing brand.
*Offer of $68.43/ share represents a premium of 34 pct to Warnaco's last close. Oct 31- PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand under one roof.
--Abiomed Inc rescheduled second-quarter conference call to Nov. 1 at 8 am Eastern Time. --Accelrys Inc rescheduled third-quarter results to Oct. 31, after market. Its conference call will be held on Nov. 1, 9.30 am Eastern Time.
--Acorda Therapeutics Inc: rescheduled third-quarter financial results and conference call to Oct. 31 from Oct. 30. --Advent Software Inc reschedules third-quarter results and conference call to Oct. 30. --AGCO Corp rescheduled third-quarter results to Oct 31, 8 am Eastern Time from Oct. 30.
High-flyer Ralph Lauren reports earnings Wednesday. Using options to get a discount on the company's stock, with CNBC's Melissa Lee and the Options Action traders.
Burger King Worldwide Inc. reports quarterly financial results. Baidu Inc., the Chinese Internet company, reports quarterly financial results. Avon Products Inc. reports quarterly financial results.
*Brands want to stop unauthorized discounting on Amazon. *Amazon's 3rd- party selling platform a high-margin business. SAN FRANCISCO, Oct 23- Amazon.com Inc is grappling with a problem that eBay Inc has struggled with for years: The proliferation of unauthorized third-party sellers that undercut the world's top consumer brands.
NEW YORK-- Martha Stewart and her American Made project turned Grand Central Terminal's Vanderbilt Hall into a hub of crafts, croissants and conversation on Wednesday with experts in the areas of gardening, decorating, cooking and fashion.
Big fashion brands are fretting over whether to offer their wares on Amazon as its move into clothing forces them to decide if the website is a lucrative new sales channel or a threat to their prestige
Oct 10- Ralph Lauren Corp:. *Piper Jaffray raises Ralph Lauren to overweight from neutral-. Reuters Station users, click. 1568.
The world's most luxurious designer brands are abandoning Argentina rather than comply with tight new government economic restrictions, leaving empty shelves and storefronts along the capital's elegant Alvear Avenue, where tourists once flocked to see the latest in fashion.
PARIS, Oct 3- Louis Vuitton is branching out into luxury pens and stationery as the upmarket leather bag maker looks for new ways to retain its exclusive image, after it launched high-end jewellery and hired an expert to create a perfume.
As U.S. retailers head into the crucial back-to-school season, one analyst shared some of her top picks and argued that retailers’ past momentum could augur future strength.
Investors in the retail space might do well to think twice about picking luxury brands right now, “Mad Money” host Jim Cramer said Wednesday.
Overall, retailers' June sales are concerning. Back-to-school is the second biggest "season" for retail after the Christmas holidays, and it's just around the corner. Many analysts think retailers will have to offer aggressive promotions to win consumer dollars. A number of retail analysts even took the step of downgrading retail stocks based on their concerns about a pullback in consumer spending.
Momentum feeds on momentum, but the "Mad Money" host warns investors to watch out for uber-growth stocks like beauty brand Ulta Salon.
With the current low dividend tax rates due to expire at the end of the year, think twice before you rebalance your portfolio, advises the president of investment firm Broadleaf Partners.
Some of the country’s top luxury brands have been the victims of an elaborate global counterfeiting and smuggling scheme, the Department of Justice said Friday.
Brick-and-mortar retailers in electronics and home furnishings face growing pressure as online giant Amazon grows in those areas.