SARNICO, Italy/ SINGAPORE, June 29- When Chinese industrial conglomerate Weichai Group snapped up cash-strapped Italian luxury yacht builder Ferretti in 2012, the deal looked like a match made in heaven. "The market is not that big, the market is not that fast," said Fabiomassimo Discoli, a Hong Kong- based sales manager for Ferretti, adding that the company had found...» Read More
DETROIT, April 22- General Motors Co's return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models. However, beneath the encouraging numbers for the Colorado and Canyon are some less positive trends, said IHS...
PHILADELPHIA, April 12- When Justin Becker moved into a new home in south Philadelphia, he set the TV and video games in the unfinished basement, leaving his three children free to go down and watch when they wanted. The board games stayed upstairs in the living room. Hasbro Inc, maker of old standbys like Monopoly and Risk, says that revenue for its line of games...
Swimming pools have been part of California's lifestyle for decades. But things are getting tougher.
Tim Parker, chairman of Samsonite International, says the firm has seen five straight years of double-digit growth in sales and profit. He later outlines the growth areas that will help Samsonite double its sales by 2020.
Apple says its new watch is great for physical fitness. But 17-time Grand Slam Champion Roger Federer is not so easily sold.
NEW YORK, March 3- With thousands of free downloads at the ready with the swipe of a finger, parents of tweens face a daunting question: How much are they willing to spend to lure their children away from electronic devices? A real-life classic version of the board game costs around $21, compared to 99 cents for the app. At the annual Toy Fair in New York in mid-February,...
Mattel said Chief Executive Bryan Stockton has resigned, and warned preliminary fourth-quarter results will fall short of expectations.
The iconic Lincoln Log toy has moved its manufacturing back to the U.S., without hurting its profit margins. Here's a look behind the scenes.
Rob Katz, Vail Resorts chairman & CEO, talks about this winter's upcoming ski trends and how his company is transforming the industry.
CNBC's Phil LeBeau reports on the red hot RV market. Dealers are seeing pent up demand driving sales.
Nintendo, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100-million selling Wii, faltered.
Steinway Musical Instruments, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives.
Rees Jones, Rees Jones Inc. president, discusses designing environmentally friendly courses, and the booming business of golf, especially in China.
As the National Football League kicks off its season, America’s love of all things football could have a halo effect on the stocks of certain grocers and beverage makers, analysts told CNBC Tuesday.
CNBC.com ranked the ten places in the U.S. that showed the most job growth between February 2011 and February 2012. Read ahead to see which cities topped our list.
People participating in extreme sports can spend anywhere from a few hundred dollars to tens of thousands. What are the costs associated with extreme sports?