July Factory Output and Housing Confidence Rise Amid Stable Prices
U S factory output rose 0.6 percent in July with a 3.3 percent gain in motor vehicles and parts, signaling resilient industry. Home builder sentiment improved to 37 in August, a five year high, while consumer prices were flat, suggesting contained inflation and potential support for spending.
MENTIONED IN THIS ARTICLE
Washington
U.S
Midwest
National Association of Home Builders
Wells Fargo
Labor Department
Joel Naroff
Naroff Economic Advisors
Target raises profit outlook after strong second quarter
Target Corp raised its full year profit outlook after reporting better than expected second quarter revenue led by spending in food beauty and fashion. The retailer cited a positive start to back to school shopping and stock rose to its highest since 2007. Analysts note improved consumer spending amid modest economic gains and cautious holiday outlook.
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New York
Target Corp
Target
Minneapolis
Macy
Gregg Steinhafel
Investors
Fifty Shades Influences Fashion and Erotica Across Brands
Retail campaigns expand as retailers like Stuart Weitzman and EMI push Fifty Shades of Grey themed products. Brands roll out shoes, stockings, loungewear, and licensed music while marketers tout tie-in potential amid trend-driven demand for adult-themed items. Trojan reports rising first-quarter sales as pop culture fuels the pleasure product market.
MENTIONED IN THIS ARTICLE
New York
Stuart Weitzman
Marc New York
Anastasia Steeleworthy
Stuart
Susan Duffy
Weitzman
EMI Music
E L James
Pacific Northwest
Christian Grey
James
North America
Bobbi Brown
Ana
David R. Schlecker
DRS and Associates
Los Angeles
EMI
iTunes
Amazon
Town & Country Magazine
Rockefeller
John D
Trojan
Manhattan
Nielsen
Bruce Weiss
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