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Textiles Apparel and Luxury Goods

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  • Under Armour's fitness connection: CEO  Thursday, 5 Feb 2015 | 7:32 AM ET

    Wearables will equal apparel one day, says Kevin Plank, Under Armour CEO, discussing his company's digital fitness strategy.

  • Swatch CEO: SNB's move is a tourism disaster  Thursday, 5 Feb 2015 | 4:20 AM ET

    Nick Hayek Jr, CEO of Swatch Group, says the Swiss Franc is a "psychological problem" following the SNB's recent move.

  • These sectors will be hit by the SNB's shock move  Friday, 16 Jan 2015 | 3:15 AM ET

    Jon Cox, head of European consumer equities at Kepler Cheuvreux, discusses the sectors that will be hard-hit by the Swiss National Bank's move to end the franc's euro peg.

  • 'Nanowire' clothing could cut your heating bills Monday, 12 Jan 2015 | 6:51 PM ET
    A woman braces from the cold during the morning commute in New York City November 25, 2013 as temperatures dropped into the lower 30's(F).

    Scientists coated fabric with a nearly invisible substance that can supercharge winter clothing and cut down on household heating.

  • Coach nearing deal to buy Stuart Weitzman -source Monday, 5 Jan 2015 | 7:42 PM ET

    Jan 5- Accessories retailer Coach Inc is nearing a deal to buy privately held women's luxury shoe company Stuart Weitzman Holdings LLC for about $600 million, according to a person familiar with the matter. Buyout firm Sycamore Partners acquired Stuart Weitzman last year as part of its $2.2 billion purchase of Jones Group Inc, the fashion company that owns...

  • *Fosun Intl moves to new insurance-based business model. A Club Med takeover would represent the most significant co-investment between Fosun and Fidelidade, the Portuguese insurance firm Fosun forked out $1.29 billion to buy in May, and advance Guo's goal of turning his Shanghai- based manufacturing and real estate-focused conglomerate into a...

  • Which US retailer is poised for a holiday haul?  Wednesday, 19 Nov 2014 | 9:32 PM ET

    Paul Swinand, Equity Analyst at Morningstar, expects Macy's and Target to see good sales in the upcoming holiday season while Kohl's may continue to struggle. He also explains what that means for investment strategy.

  • Estee Lauder snaps up third luxury brand in a month Friday, 7 Nov 2014 | 2:23 PM ET

    Nov 7- Estee Lauder Cos Inc bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands. The Frédéric Malle fragrances, which cost upwards of $150, are sold through five standalone stores in Paris and New York.

  • *Coty agrees to buy Bourjois from Chanel. *To pay for Bourjois with 15 Class A Coty shares. PARIS, Oct 7- US cosmetics group Coty said on Tuesday it had made a binding offer to buy French make-up brand Bourjois from Chanel and give the family-owned French luxury company a stake in Coty worth an estimated $240 million.

  • Sept 29- Perfume and cosmetics maker Coty Inc said Chief Executive Michele Scannavini had stepped down for personal reasons, sending the company's shares down as much as 3 percent.

  • CARACAS, Sept 26- Venezuela's famed models and aspiring beauty queens are struggling to doll themselves up as shortages turn eye shadow and breast implants into coveted luxuries. "I exhaust myself visiting pharmacies, I look everywhere for makeup," said Ileanne Davila, a 19 year-old civil engineering student and model.

  • Farah left Ralph Lauren in May as executive vice chairman after serving as president and chief operating officer for nearly 14 years. Ralph Lauren's annual revenue more than tripled to $7.45 billion in 2014 from $1.95 billion in 2000 during Farah's tenure.

  • 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.

  • Matching luxe handbags—for you and Fido Thursday, 22 May 2014 | 3:13 PM ET
    Your own handbag plus a miniature replica ‘pawbag’ for your pooch.

    Just when you thought the pampered pet craze had gone too far, a luxury company has just come up with a new badge of excess: The pawbag.

  • 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.

  • Not pretty: Tiffany swings to a loss on legal woes Friday, 21 Mar 2014 | 10:31 AM ET
    Customers carry Tiffany & Co. shopping bags outside the company's flagship store in New York, March 18, 2014.

    Tiffany reported a loss in the fourth quarter, due primarily to losing an arbitration ruling involving The Swatch Group.

  • Nike warns FX fluctuations to slam profit Thursday, 20 Mar 2014 | 4:34 PM ET
    Nike sneakers sit on display at a Foot Locker store inside the South Park Mall in Strongsville, Ohio, March 4, 2014.

    Nike reported third-quarter earnings of 76 cents per share on revenue of $6.97 billion, outpacing Street estimates.

  • Luxury brands dogged by FX: Pro  Tuesday, 11 Mar 2014 | 3:40 AM ET

    Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.

  • Chanel stitches up French tannery deal Thursday, 5 Dec 2013 | 6:38 PM ET
    Pedestrians cross the street in front of a Chanel SA store in the Tsim Sha Tsui area of Hong Kong, China, on Tuesday, April 30, 2013.

    Chanel has acquired its long-time lamb hide provider in the latest purchase by a luxury brand of a partner that supplies top quality materials.

  • Is Abu Dhabi the next luxury goods hub?  Tuesday, 26 Nov 2013 | 1:40 AM ET

    CNBC's Hadley Gamble takes a tour through Abu Dhabi's luxury goods market as high end brands open stores in the emirate.