Consumer Products and Services

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Watchmakers go back to basics as 'extravagance' ends

AFP Global Edition 5 hours ago

Luxury watchmakers are going back to basics with classic designs, as industry players at the world's biggest watch fair in Switzerland warned Wednesday that the "years of extravagance" were over. While the industry is reporting a glimmer of recovery, watchmakers gathering in ...

british clothing reception

WENN 22 hours ago

Sophie Dahl (L) and fashion designer Alice Temperley arrive for a reception for the British Clothing Industry at Buckingham Palace. London, England - 16.03.10 Copyright 2010 WENN

Sanyo sets up solar parking lots for electric bikes

AFP Global Edition yesterday

Japanese electronics giant Sanyo said Tuesday it had opened two "solar parking lots" in Tokyo where 100 electric hybrid bicycles can be recharged from sunlight-powered panels. The system uses lithium-ion batteries to charge 100 of Sanyo's "eneloop" bikes, with enough power left ...

Calvin Klein parent to buy Tommy Hilfiger for $3B

AP News 2 days ago

Phillips-Van Heusen to buy privately held Tommy Hilfiger in $3B cash-and-stock deal Two iconic American clothing labels — preppy Tommy Hilfiger and Calvin Klein, known for its modern aesthetic — are coming together under one roof. Calvin Klein parent Phillips-Van Heusen said ...

Phillips-Van Heusen To Acquire Tommy Hilfiger For $3 Billion

Getty Images 2 days ago

NEW YORK - MARCH 15: A person holding a red umbrella walks past a Tommy Hilfiger clothing store in Manhattan March 15, 2010 in New York City. Phillips-Van Heusen Corp announced it will purchase clothing making Tommy Hilfiger for around $3.0 billion. ...

Calvin Klein owner buys Tommy Hilfiger brand: statement

AFP Global Edition 2 days ago

The company behind Calvin Klein has bought fellow US fashion brand Tommy Hilfiger for 2.2 billion euros (3.0 billion dollars), Hilfiger's current owner said Monday. Phillips-Van Heusen, one of the world's largest apparel companies, will open a "new chapter" in the the ...

Industrial production rises 0.1 percent in Feb.

AP News 2 days ago

Industrial production surprises with 0.1 pct. gain in Feb; but storms send manufacturing lower Industrial production edged up 0.1 percent in February, beating expectations and marking the eighth straight monthly increase. The manufacturing sector — for months a rare bright spot in ...

Phillips Van Heusen Tommy Hilfiger

AP News 2 days ago

FILE - In this file photo of Feb. 18, 2010, Tommy Hilfiger's fall 2010 collection is modeled during Fashion Week in New York. Phillips-Van Heusen said Monday, March 15, 2010 that it will buy privately held Tommy Hilfiger in a cash-and-stock deal ...

Calvin Klein owner buys Tommy Hilfiger brand

AFP Global Edition 2 days ago

The company behind Calvin Klein has bought fellow US fashion brand Tommy Hilfiger for 2.2 billion euros (3.0 billion dollars), Hilfiger's current owner said in a statement on Monday. "Funds advised by Apax Partners today announced a definitive agreement to sell Tommy ...

Philip Morris International declares dividend

AP News 5 days ago

Cigarette maker Philip Morris International declares dividend of 58 cents per share Cigarette maker Philip Morris International Inc. has declared a regular quarterly dividend of 58 cents per share. The dividend is payable on April 9 to stockholders of record on March ...

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