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Consumer Durables and Apparel Textiles Apparel and Luxury Goods

  • The Stitch Fix IPO at the Nasdaq, November 17, 2017.

    CNBC’s Leslie Picker reports on Stitch Fix dropping below its IPO price as investors grow concerned about the future growth of the company.

  • TORONTO, Nov 9- Canada's main stock retreated for a second straight day on Thursday as materials and financial shares lost ground and worries about the prospects of U.S. tax reform weighed on Wall Street. I think may have gotten tired, "said John Kinsey, portfolio manager at Caldwell Securities. Wall Street ended lower as investors turned their attention to a U.S....

  • TORONTO, Nov 9- Canada's main stock index fell on Thursday, weighed down by resource and financial stocks, while a slew of mostly upbeat corporate earnings tempered declines. Tourmaline Oil Corp jumped 8.6 percent to C $27.05 after reporting third-quarter results, while Cameco Corp rallied 5.2 percent to C $12.10 following news it will suspend production from...

  • Nov 9- Luxury apparel maker Canada Goose Holdings expects its fledgling direct-to-consumer business to contribute about half its profits in the long term, from about 14 percent in the three months through September, chief executive officer Dani Reiss said on Thursday. Shares in Canada Goose jumped 9.6 percent to C $30.38 in Toronto, 79 percent above its March...

  • Nov 9- Beauty products maker Coty Inc on Thursday posted a quarterly profit that beat Wall Street estimates, selling more high-margin products like Younique makeup and ghd hair care merchandise that are popular with millennials. Coty, to keep pace with rivals Estee Lauder and LVMH's Sephora, has added brands that appeal to younger customers.

  • Luca Solca, sector head of luxury goods at Exane BNP Paribas, speaks about British fashion brand Burberry's change of strategy.

  • A woman walks past Coach bags in a window of Macy's flagship store, May 12, 2017 in the Herald Square neighborhood in New York City.

    During the fiscal first quarter, Tapestry said the company began to implement strategic initiatives such as cutting back on flash sales.

  • Nov 6- Fashion accessories maker Michael Kors Holdings Ltd lifted its annual revenue forecast on Monday, predicting its recent acquisition of upscale shoemaker Jimmy Choo will begin to pay off before the end of the fiscal year. The forecast includes $215 million to $225 million of additional revenue from Jimmy Choo. Net income attributable to the company rose...

  • People ride on escalators in a shopping mall in Hong Kong.

    The overall luxury market grew by 5 percent to approximately €1.2 trillion ($1.4 trillion) globally in 2017.

  • 80 percent of luxury growth this year due to younger generation: Bain & Company

    Claudia D’Arpizio, partner at Bain & Company, speaks about how luxury brands have changed the way in which they serve their customers.

  • *Pick-up in Asian sales, especially China. PARIS, Nov 2- L'Oreal, the world's biggest cosmetics company, beat third quarter sales expectations on Thursday thanks to surging demand from Chinese consumers and strong appetite for Lancome and its other luxury brands. France's L'Oreal said demand from Chinese buyers- not just at home but in airport stores or other...

  • PARIS, Nov 2- L'Oreal, the world's biggest cosmetics company, on Thursday posted slightly higher-than-expected sales in the third quarter as luxury brands such as Lancome and a surge in demand in China drove growth. Sales in L'Oreal's luxury division, which also includes Kiehl's and Yves Saint Laurent beauty products, rose by 11.2 percent on a comparable basis,...

  • Under Armour sports shoes on display.

    Susan Anderson, FBR Capital Markets, breaks down Under Armour's quarterly numbers. which posted and EPS beat of $0.22 adj. but missed on revenues.

  • The rise of Prosecco and why Champagne hasn't lost its sparkle

    Champagne makers are the world's best marketers says John Stimpfig of Decanter, but Spiros Malandrakis of Euromonitor International warns of headwinds for bubbly

  • Laurent Potdevin, CEO, Lululemon, says the brand keeps close tabs on the consumer experience in the store and online in China.

  • This CEO plans to disrupt apparel industry with wearable spider silk. Here's how

    Dan Widmaier, Bolt Threads CEO talks about producing new, wearable and sustainable material from spider silk.

  • PARIS, Oct 5- L'Oreal said on Thursday it would appeal a 2.6 million euro fine imposed by Greece's competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices. The local beauty products business of France's Christian Dior- part of luxury goods group LVMH- was also fined just under 1.8 million euros, while...

  • LE LOCLE, Switzerland, Sept 14- High-end watchmaker Zenith is replacing a part that has kept time in mechanical watches for almost 350 years, hoping its new, apparently more accurate mechanism will help to revive its fortunes. The Swiss brand, recently the laggard in the watches stable of luxury goods group LVMH that also includes Bulgari, TAG Heuer and Hublot,...

  • Separately, Canada Goose said it would open flagship stores in Boston, Calgary and Tokyo, and is on track to open stores in London and Chicago as planned, later this year. Total comprehensive loss for the company narrowed to C $12 million, or 11 Canadian cents per share, from C $14 million, or 14 Canadian cents per share, a year earlier. Excluding one-off items, the...

  • The company's net income was $59.5 million, or 72 cents per share, in the first quarter ended July 1, compared with a loss of $22.3 million, or 27 cents per share, a year earlier. Excluding items, the company earned $1.11 per share, while sales fell 13.2 percent to $1.35 billion in the quarter. Ralph Lauren hired P&G executive Patrice Louvet as its chief executive in May,...