NEW YORK— The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like home builders, property managers, hotels, and governments. General Electric Co. and Electrolux said they will...» Read More
Jan 29- Outdoor footwear and apparel manufacturer and retailer Deckers Outdoor Corp reported lower-than-expected quarterly profit and sales as demand for its UGG branded sheepskin shoes slowed in the United States. Deckers said net income rose to $156.7 million, or $4.50 per share, in the third quarter ended Dec. 31, from $140.9 million, or $4.04 per share, a year...
*India lawsuit has no effect on operations- Barra. BEIJING, Jan 16- China's Xiaomi Inc plans to invest in Indian tech start-ups and overseas media content, as the world's No.3 smartphone maker looks to dominate homes with its own TVs and appliances. "One area that we are also looking to make some investments in is start-ups in India.
Deb Shops, the once popular teen fashion retailer, won court approval on Wednesday to begin going-out-of-business sales for nearly 300 stores.
Sonny Vu, President & CEO of U.S. start-up Misfit Wearables, discusses the firm's $40 million investment from Chinese tech firms Xiaomi and JD.com
Bruce Rockowitz, CEO of Global Brands, and football star David Beckham discuss their new project to build brands with high profile sports and entertainment icons.
Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.
Sports apparel maker Under Armour reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading.
Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Gillette hopes its FlexBall razor can boost stagnant razor sales with a nifty new swiveling feature.
What to make of CEOs who blame weather for poor sales, and what investors can expect from spring sales, with Mary Epner, Mary Epner retail analysis.
Gap will report earnings after the closing bell. CNBC's Courtney Reagan reports on a few positive earnings surprises from other retailers.
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.
U.S. speedskating team's miserable performance during the first week of the Olympics has turned the speculation to their high-tech skinsuits.
After two years of declining sales, J.C. Penney is reducing some high-profile brands introduced by former CEO Ron Johnson and reviving old labels.
Kobe Bryant debuted his latest pair of basketball shoes this week—the only question now is when he'll take the court in them.
Sara Blakely, the inventor of Spanx and founder of the women's undergarment company that's made her a billionaire, recounts an embarrassing BBC interview in which she used a word that has a very different meaning in England than it has in the U.S.
Black Friday just keeps getting earlier and earlier! Macy's is giving in to the trend and says it will be open on Thanksgiving day.
The Toronto Star sent reporter Raveena Aulakh to work undercover at a Bangladesh garment factory and found a nine-year-old girl working there.
A California jury found Toyota not liable in a wrongful death lawsuit over alleged defects that caused some vehicles to unexpectedly accelerate.