Tagged: business news

VIDEO: Swatch Prefers Go-it-alone Route For Smartwatch Plans 2
01
Sep
2014

VIDEO: Swatch Prefers Go-it-alone Route For Smartwatch Plans

Swatch Group is happy to go it alone with a launch next year of watches with “smart” features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion. The world’s biggest watchmaker, which sees the advent of smartwatches as an opportunity rather than...

VIDEO: Michael Kors Revenue Soars 43 Percent 7
04
Aug
2014

VIDEO: Michael Kors Revenue Soars 43 Percent

Michael Kors reported another quarter of blistering sales growth as demand for its handbags and watches surged in North America. Shares of the company, founded by fashion designer Michael Kors, were up 3.4 percent premarket on Monday after the company also raised its full-year revenue and profit outlook. The company...

VIDEO: Boeing Plans Higher-capacity Version Of 737 Jet 10
14
Jul
2014

VIDEO: Boeing Plans Higher-capacity Version Of 737 Jet

Boeing plans to bring out a new minor model of its best-selling 737 passenger jet with extra seats, the head of its planemaking division said, stepping up efforts to woo low-cost carriers in competition with Europe’s Airbus. Announcing the move on the eve of the Farnborough Airshow, the head of...

VIDEO: BMW's $1 Billion Plant Surfs Mexican Investment Wave 12
05
Jul
2014

VIDEO: BMW’s $1 Billion Plant Surfs Mexican Investment Wave

Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country’s growing industrial base and tariff-free access to the U.S. market. The automaker outlined plans to build a factory in the central Mexican city of San Luis...