The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
The U.K. will find out who its next prime minister will be this week as voting within the U.K.'s ruling Conservative Party comes to a close.Europe Politicsread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Fashion-savvy fans of wearable tech will need to keep their eyes peeled over the next few months.
On Michael Kors' call Thursday, CEO John Idol told analysts and investors that the affordable luxury brand "will be in wearables," and expects to deliver announcements on that front in coming months.
"That is coming from Michael Kors," Idol said, adding that the brand is not interested in being first to the market. Instead, he wants to take the time to develop a product that's viable for shoppers' everyday lives.
"We think luxury is not just about products, it's about a lifestyle," Idol said.
The company declined to offer further details on what types of wearable tech it will offer.
In September, Fossil—which holds the license for Michael Kors watches—linked up with Intel to collaborate on wearable technology for the fashion industry. Idol said on the call that Kors is working with Fossil on that tie-up.
Designers such as Rebecca Minkoff and Tory Burch have already entered the wearable tech space.
For its part, Kors continues to focus on watches and jewelry as a pillar of growth moving forward. Idol said the company sees opportunity for 500 watch and jewelry shop-in-shops worldwide, more than double its current footprint of 230.
Kors on Thursday announced earnings per share of $1.48, easily beating consensus estimates. Its $1.3 billion in sales also topped estimates, though its domestic same-store sales growth slowed to 6.8 percent on a constant currency basis.