Discussing Target's quarterly results and signs they are recovering from December's credit breach, with Charles Grom, Sterne Agee managing director.» Read More
Puma, the maker of athletic wear and a key supplier to many African soccer teams, said Monday its fourth-quarter profit fell 26% from a year earlier as it continues a restructuring program.
The boating industry is in a deep slump and sales are particularly weak in the Midwest, where auto industry layoffs are hurting consumer confidence.
Like the housing industry, the boat business is in a deep slump. Some industry players say it's the worst ever. But hope floats at the Miami International Boat Show this weekend.
A money manager told CNBC's "Morning Call" on Friday that the economy is set for a slowdown this year ,and said the Fed is likely to cut interest rates. "Housing is going to suck away retail sales, clearly there has been a lot of money spent on the upside with the mortgage equity withdrawal." said Ned Riley of Riley Asset Management. "We're going to get back to a much slower growth rate and eventually the Fed is going to become concerned."
Shares in Britain's Compass Group were the biggest FTSE gainer on Friday after it said trading in the first four months of its financial year had been marginally ahead of expectations.
LVMH Moet Hennessy Louis Vuitton, the Paris-based luxury goods empire, said Wednesday its wines & spirits division led a 30% increase in net profit last year, as champagne drinkers moved upmarket to more expensive brands of bubbly.
Americans will spend almost $17 billion to celebrate Valentine's Day, on flowers, cards, jewelry and more. Some businesses, such as Godiva Chocolatier, are institutions in the Valentine’s market. In a CNBC.com video interview, President Jim Goldman talks about why chocolate continues to be a perennial favorite.
With MP3 players and video games eating into sales, toymakers are embracing technology, saying "if you can't beat 'em, join 'em." That strategy will be on display at the American International Toy Fair Show in New York starting Sunday.
The country’s biggest toy fair is now underway in New York, and Mattel CEO Bob Eckert joined CNBC's Sue Herera to discuss the toymaker’s new product line. In an era when the iPod and X-Box are as transposable to children as Barbie and Ken once were, toymakers are scurrying to reinvent the toy to better reflect what kids really want.
CNBC covers Fall 2007 Fashion Week in New York's Bryant Park.
Epic Games and Microsoft Game Studios’ "Gears of War" leads the pack with 10 nominations at the 10th annual Interactive Achievement Awards Feb. 8.
Frigid winter winds blew life into U.S. retailers' January sales as consumers snapped up cold weather clothes.
The nation's clothing stores released their January sales figures this morning and a solid number of retailers are coming in above expectations. Shoppers who redeemed their gift cards were a plus for Saks, Federated and Nordstrom. And, although frigid weather came late this year, it helped boost sales in outdoor apparel.
Fashion label Hermes International said revenue was up 6.1% in 2006 on strong growth in all regions, according to a statement posted in French newspapers Thursday.
Stocks look mixed to weaker ahead of the opening after yesterday's Dow rise into record territory reversed course, leaving the key index flat on the day. Early focus this morning is on the European Central Bank's rate decision and then retailers' January sales reports could help drive sentiment.
More and more high-end designers are making collections at lower-price points to build their brands and profit from the public's appetite for fashion. Vera Wang, Oscar de la Renta and Isaac Mizrahi have forged deals with such major retail chains as Kohl's, Target and Macy’s.
Luxury automaker Audi AG said Wednesday that sales of its cars worldwide rose 8% last month compared with the same period a year ago.
Wal-Mart Stores estimated on Saturday that January sales rose a stronger-than-expected 2.2% at its U.S. stores open at least a year, as shoppers redeemed their holiday gift cards.
Fashion Week kicks off today in New York City – although the event itself seems to be taking a bit of a backseat to the backlash the fashion industry faces over “super-skinny” models. Teri Agins is the fashion reporter for The Wall Street Journal. On “Street Signs,” she spoke of the worldwide protest....
Thursday's pre-orders for "Deathly Hallows" exceeded the first two weeks of pre-orders for its predecessor, "Harry Potter and the Half-Blood Prince," Seattle-based Amazon said.