CALAFAT, Romania, Feb 9- O utside a clothing factory in Calafat in southern Romanian early one morning, hundreds of workers crowd around makeshift stalls to stock up on snacks and drinks for their shift. But even inside the European Union- in Romania and Bulgaria particularly- workers can endure poverty-level wages, long hours and arduous conditions to make...» Read More
ZURICH, Jan 22- Swiss luxury group Richemont has bought the 40 percent of high-end watchmaker Roger Dubuis it did not already own, with analysts forecasting more small manufacturers will be snapped up by bigger rivals in an industry struggling with weaker demand. "We now own 100 percent of Roger Dubuis," Richemont spokeswoman Sophie Cagnard said on Friday,...
LAS VEGAS, Jan 8- Germans love the latest wave of touch-free car controls, which respond to the flick of a wrist or the swipe of a hand, as it means no messy fingerprints on their spotless dashboards. A simplistic stereotype, but it captures the split among the world's drivers over the newest in-car tech on display at the Consumer Electronics Show in Las Vegas this...
There isn't a single area of the world where Nike's not "blowing it away," says Cramer, discussing the company's quarterly results and conference call.
In China's saturated sportswear industry, the key to winning, Adidas' Greater China boss says, is knowing what customers want.
Dec 10- What better way to celebrate the sun setting on the Federal Reserve's zero interest rate policy, that great inflater of asset prices, than with an auction of $100,000 used handbags? That's the plan over at Christie's, which is holding its inaugural live auction of Handbags& Accessories to be held Friday in New York. One bag is estimated to fetch $100,000 to...
Animal rights group PETA may've hit its hardest market: Hong Kong.
The gold and diamonds of Cartier are so popular with women that the brand is finding it difficult to market watches to men.
Bud Konheim, Nicole Miller CEO, weighs in on the pulse of the retail sector and talks about the difference between those stores with "trade" and those with "traffic."
*Costs $1,500, includes incentive to buy mechanical watch. Co-developed with Google and Intel, the "Tag Heuer Connected" will cost $1,500. One thousand units are immediately available in 15 stores across the United States, with Britain, Germany, and Japan following in the coming days.
*2nd qtr sales $1.13 bln vs est. Earnings $1.01/ shr vs est. Nov 4- Handbag and accessories maker Michael Kors Holdings Ltd, one of hottest names in "affordable luxury," reported better-than-expected second-quarter sales and profit, helped by new offerings such as cross-body satchels and large wallets.
Nov 4- Handbag and accessories maker Michael Kors Holdings Ltd reported better-than-expected quarterly sales and profit, and raised its share buyback program. Net income attributable to the company fell to $193.1 million, from about $207 million a year earlier. Revenue rose 4.5 percent to $838.2 million in the Americas.
We try to incorporate fit, fabric and function into the brand, says Tom Patterson, Tommy John founder and CEO, discussing how advance technology has allowed his company to produce lightweight, comfortable men's underwear .
Nov 3- Perfume maker Coty Inc is creating a new organizational structure and shifting its executive team to London, as part of its transformation into a global beauty products maker. Coty will divide its operations into three divisions- luxury, consumer beauty and professional beauty. Coty currently operates three divisions- fragrances, color cosmetics, and...
The future of watches could be smart technology within a classic design, says Jordy Cobelens, CEO of TW Steel, the Dutch watchmaker known for its oversized timepieces.
*Luxury stocks, miners rally despite weak China data. LONDON, Sept 14- European stocks rose on Monday, remaining within tight ranges after the previous session's fall, led by resilience in luxury stocks following weak China data published over the weekend. Swiss watchmaker Swatch rose 2.7 percent after Chief Executive Nick Hayek told a Sunday newspaper he was...
NFL Hall of Famer Franco Harris now runs an athletic apparel company called Silversport, which promises to keep socks, shirts and towels odor-free.
PARIS, Sept 1- LVMH has hired Ian Rogers, an Apple Inc iTunes senior director, to be its new head of digital, as part of the luxury group's drive to more fully embrace the Internet. It marks one of the most high profile hires from the digital industry as fashion, jewellery and cosmetics brands race to build up teams able to engage online customers. Previously, transfers...
The departure of maverick founder Takao Yasuda has unnerved investors in Japanese retailer Don Quijote, the Financial Times reports.
This small business uses the newest knitting tech to crank out its apparel.
Hunter Mahan, PGA Tour pro golfer discusses the growing list of golfers vying for the top spot. Also Mahan weighs in on the business of golf and the rise of the Under Armour brand.