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Fashion brands facing strong dollar "headwind"

2015-01-21 13:50:00| Daily apparel & textile news and comment - from just-style.com

Global fashion brands based in the US could face an increasing headwind from a strong dollar, according to UBS analyst Michael Binetti.

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Leading Brands (LBIX) Downgraded From Hold to Sell

2015-01-20 19:53:34| Beverages - Topix.net

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. TheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a daily basis by 32 different data factors and assigns a unique buy, sell, or hold recommendation on each stock.

Tags: sell hold leading brands

 
 

Spectrum Brands buys rawhide dog food maker

2015-01-20 17:48:22| Appliances - Topix.net

Spectrum Brands acquired Salix Animal Health, which will join the global pet supplies business of Spectrum, which includes the high-end dog foods IAMS and Eukanuba. Spectrum Brands Holdings Inc. , the Middleton-based manufacturer of Rayovac batteries, Remington shavers, Toastmaster small appliances and Stanley Black and Decker hardware, said Tuesday that it has purchased Salix Animal Health LLC, the California producer of Healthy-Hide and Digest-eeze rawhide dog treats.

Tags: food dog brands spectrum

 

Year of the Goat - Luxury brands flock to China's jet-set spenders

2015-01-20 11:39:30| Jewelry - Topix.net

From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad. Chinese shoppers spent around 380 billion yuan on luxury products worldwide last year, with spending outside China up 21 percent even as domestic sales of high-end brands dipped for the first time due to a government clampdown on excessive gift-giving, according to a report from consultancy Bain & Co on Tuesday.

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Global Brands' GBG Accessories signs Kate Spade deal

2015-01-20 11:00:00| Daily apparel & textile news and comment - from just-style.com

Global Brands subsidiary GBG Accessories has signed a licensing deal with Kate Spade that will allow the Li & Fung spin-off to continue growing its global brands through its product design and development expertise.

Tags: global accessories deal brands

 

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