Textiles Apparel and Luxury Goods
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The company gets most of its revenue from perfume brands including Calvin Klein, Davidoff and Playboy as well as those it sells under the names of celebrities such as Beyonce Knowles, Lady Gaga and Jennifer Lopez. Coty's shares, which were priced at $17.50 on Wednesday, fell as much as 3.4 percent to $16.90 in morning trading on the New York Stock Exchange.
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Rahul Sharma, managing director at Neev Capital, tells CNBC he is positively surprised by Burberry's results and says the market should stop focusing so much on the Chinese luxury consumption and look into emerging markets.
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April 15- Winter clothing maker Canada Goose Inc has appointed investment bank Canaccord Genuity to explore options and perhaps tempt new investors as demand soars for its fashionable cold-weather gear, sources familiar with the situation said. Industry sources said the fast-growing Toronto- based company might consider an outright sale.
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Julia Chatterley models the official Eurogroup poncho ahead of the European finance ministers' meeting in Dublin
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Imran Amed, founder and editor at Business of Fashion, tells CNBC that Prada has performed "outstandingly" because of its clever merchandising strategy and its increased emphasis on its Miu Miu brand.
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Guaranteed for 25 years, a British bedmaker's Mongolian cashmere mattress "pays off every morning of your life," said a company representative.
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Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
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Showcasing the latest in the big business of skimpy, several designers hit the runway during the inaugural Lingerie Fashion Week.
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If you loved fashion week, you'll love it with even less clothes! Several designers will hit the runway this weekend in the first ever Lingerie Fashion Week.
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Coach's longtime Chief Executive Lew Frankfort will step down in January 2014 and be replaced by the executive who oversaw the upscale leather-goods maker's successful expansion in Asia.
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What does it take to get catwalk ready? To give you an idea of the time, energy and coordination that goes into a show, CNBC goes behind the scenes to profile Mara Hoffman at New York Fashion Week.
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In the company's first designer collection after its Neiman Marcus collaboration disappointed analysts, Target has already sold out of several items online while also avoiding the website crashes that have plagued past successful launches.
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As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.
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Susan Lyne, Gilt chairman, discusses how e-shoppers are hitting luxury gold at bargain prices on the Internet.
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Nike says its second-quarter net income fell 18 percent as the European economy remained weak and growth slowed in China.
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CNBC's Phil LeBeau reports from the Paris Air Show and discusses Airbus, which is expected to announce new orders this week, and Boeing's new aircraft.
Monday, 17 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.
Monday, 17 Jun 2013 | 8:20 PM ETHans Timmer, Director of the Development Prospects Group at the World Bank says his main concern with China is the country's vast shadow banking system.