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Consumer Durables and Apparel


  • Dec 9- Texas- based electronics and home appliance retailer Conn's Inc reported a third-quarter loss and withdrew its 2015 profit forecast, sending its shares down as much as 40 percent in premarket trading. Shares of the company, which also said CFO Brian Taylor had resigned, were set to open at a more than two year-low on Tuesday. The company reported a net loss of...

  • China tech firms bet on Misfit Wearables   Thursday, 4 Dec 2014 | 8:41 PM ET
    China tech firms bet on Misfit Wearables

    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

  • *Expects 2015 profit of $3.00- $3.15/ share vs $2.94 last year. *Posts fourth-quarter profit of $1/ share vs estimates of $1.07. The company's printwear business sells plain T-shirts, fleece, and sport shirts mainly to wholesale distributors and screen printers in North America, Europe and Asia Pacific.

  • Dec 4- Canadian apparel maker Gildan Activewear Inc forecast a loss for the current quarter as it cuts prices in its printwear business to attract more orders from retailers. The company, whose rivals include Hanesbrands Inc and L Brands Inc, forecast a loss of 30 cents per share for the first quarter ending Jan. 4. Net income rose to $122.7 million, or $1 per share, in...

  • Gildan Activewear's quarterly profit rises 27 pct Thursday, 4 Dec 2014 | 7:21 AM ET

    Dec 4- Canadian apparel maker Gildan Activewear Inc's quarterly profit rose 26.8 percent, helped by higher sales of its printwear and branded apparel and its acquisition of Canadian hosiery company Doris Inc.. Net income rose to $122.7 million, or $1 per share, in the fourth quarter ended Oct. 5 from $96.8 million, or 79 cents per share, a year earlier.

  • Global Brands teams up with David Beckham   Wednesday, 3 Dec 2014 | 7:20 PM ET
    Global Brands teams up with David Beckham

    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 posts higher profit but reduces forecast Tuesday, 28 Oct 2014 | 11:11 AM ET
    A customer talks to a sales associate in front of a row of Whirlpool washing and drying machines.

    Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.

  • Under Armour shares fall as sales growth slows Thursday, 23 Oct 2014 | 11:07 AM ET
    Under Armour

    Sports apparel maker Under Armour reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading.

  • Puma inks deal with Arsenal, throws a big party Wednesday, 30 Jul 2014 | 1:22 PM ET
    Arsenal's Santi Cazorla (L) celebrates with Olivier Giroud (R)

    Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.

  • Nike earnings beat estimates; shares edge higher Thursday, 26 Jun 2014 | 4:15 PM ET

    Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.

  • Gillette aims for a swivel in sales from new razor Thursday, 1 May 2014 | 5:06 PM ET

    Gillette hopes its FlexBall razor can boost stagnant razor sales with a nifty new swiveling feature.

  • Retail earnings to blossom?   Thursday, 10 Apr 2014 | 2:27 PM ET
    Retail earnings to blossom?

    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.

  • Retailers feel spring fever   Thursday, 10 Apr 2014 | 2:25 PM ET
    Retailers feel spring fever

    Gap will report earnings after the closing bell. CNBC's Courtney Reagan reports on a few positive earnings surprises from other retailers.

  • Lululemon forecasts lower first-quarter results Thursday, 27 Mar 2014 | 7:18 AM ET
    A sign is displayed on a Lululemon Athletica Inc. store in Pasadena, California.

    Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.

  • As US speedskaters struggle, focus turns to suits Friday, 14 Feb 2014 | 9:28 AM ET
    Heather Richardson of the United States competes during the Women's 1000m Speed Skating event on day 6 of the Sochi 2014 Winter Olympics at Adler Arena Skating Center on February 13, 2014 in Sochi, Russia.

    U.S. speedskating team's miserable performance during the first week of the Olympics has turned the speculation to their high-tech skinsuits.

  • JC Penney's plan: Out with the new, in with the old Thursday, 12 Dec 2013 | 2:03 PM ET

    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.

  • See it here: Kobe Bryant rolls out new hoops shoe Thursday, 5 Dec 2013 | 10:33 AM ET
    The “Kobe 9” basketball shoe, from Nike.

    Kobe Bryant debuted his latest pair of basketball shoes this week—the only question now is when he'll take the court in them.

  • Spanx billionaire learns not to use this word in UK Wednesday, 16 Oct 2013 | 10:10 AM ET

    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.

  • Done with dinner? Macy's open Thanksgiving Day Monday, 14 Oct 2013 | 5:51 PM ET
    A shopper carries a Macy's shopping bag along the Magnificent Mile shopping district in Chicago.

    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.

  • Undercover reporter finds 9-year old factory boss Friday, 11 Oct 2013 | 2:47 PM ET
    Meem, 9 years old, works inside a garment factory in Dhaka, in Bangladesh. September 23, 2013.

    The Toronto Star sent reporter Raveena Aulakh to work undercover at a Bangladesh garment factory and found a nine-year-old girl working there.