The Vaux Cordless Speaker amplifies the audio for the Amazon Echo Dot and allows owners to travel with it for $50.
SAN FRANCISCO, July 6- Fender Musical Instruments Corp, whose electric guitars have powered music from Jimi Hendrix to Nirvana, is getting into the software business with an app for guitar lessons. The Scottsdale, Arizona company is launching "Fender Play," an online system for learning guitar that Chief Executive Officer Andy Mooney, a veteran of Nike and Disney,...
June 14- Mattel Inc expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on LEGO Group and Hasbro Inc in the country. The toymaker has about 2 percent market share in China, lagging behind construction toy maker LEGO which has 2.8 percent control...
Mark Schawbero, Brunswick CEO, discusses his outlook for the consumer through the lens of his businesses for boats, leisure and fitness equipment.
There’s no cheap date in Zurich and running costs an arm and a leg in Copenhagen. If that gets you down, move to Wellington.
*Q1 loss biggest since 2002, misses estimates. April 20- Mattel Inc reported a far bigger-than-expected quarterly loss and drop in sales on Thursday, hurt by poor demand by retailers for key brands Barbie and Fisher-Price and due to big discounts to move inventory left after weak holiday sales. Mattel's shares fell 6 percent to $23.70 after the bell.
"It's essentially isolated to North America and a few markets in Europe," she said, adding that the company had cleared most of the excess inventory. Mattel's sales dropped 15.4 percent to $735.6 million, their steepest fall since 2009 and well short of analysts' average estimate of $801.4 million, according to Thomson Reuters I/B/E/S. The company's net loss...
Richard Branson discusses his perspective on Brexit and his company's global expansion plans.
March 10- Mattel Inc is doubling down to corner a bigger share of China's fragmented yet lucrative toy market, but the success of its efforts hinges on its ability to navigate strict regulation and adapt to local preferences. While Mattel has garnered a nearly 2 percent share of the estimated $31.5 billion toys and games market in China, it has been unable to...
The Japanese may finally get to spend less time at work, but that doesn't mean they'll use it for shopping.
The world's largest sporting goods maker will transition out of golf clubs, balls and bags to focus on expanding its footwear and apparel business.
Accor, Europe's largest hotel group, has bought the owner of the Fairmont, Raffles and Swissotel hotel chains for $2.9B, the Financial Times reports.
Sixteen strangers from around the globe are stringing tennis rackets in a crowded room at the Billie Jean King Tennis Center in Flushing, New York.
Nike has long dominated the tennis wars with many of the biggest stars in the game, but Under Armour is betting big on its newest star.
He spent a night in jail for damaging a drone he felt was "violating" beach goers.
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.
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.