specifically on calvin klein brand but heritage brand but that digital area for us is our fastest growing and sales there are in excess of 20% both our ecommerce coupled with theirs. >> how about the chinese i have said you have found the lowest cost producer. >> we are opposed to tear riffs as a way to solve problems apparels is not one of those and we need to level the trade and i give credit to the administration for going after it i don't think the apparel is going to be an industry met with tariffs. i can't imagine that the administration would put another 25% on apparel, footwear and other products i would like to see with us negotiate with china and come to terms utilize both our other partners around the world because some of the trade practices aren't there. >> what is something that was on, you're the guy to ask. jeans tax? out of europe? >> i have to be honest. >> france is thinking about putting the jeans tax on >> jeans has been a category as apparel category that has been under pressure globally and just until recently. >> they also want it on liquor and i think these are th

apparel companywill put u good numbers just like every other power play we know pva is chiefly calvin klein and tommy hilfigehilfiger they're hunting for iconic brands that they can hit with retaliatory tariffs. you think apple was down big this week for any other reason no hey, listen, maybe calvin's are on the forbidden list. still, a good quarter does seem in the cards on thursday constellation brands reports. we own this stock for my travel trust which you can follow along where i've got an important speech on monday constellation missed the last time they reported the culprit was the wine business the ceo explained to us that the issue was a short-term phenomenon either way, i think the beer business is on fire. let me give you an audit do you know that cinco demaio falls on a saturday this yeefrmt don't laf. we know a bar that a saturday cinco could be the biggest day that we've ever had. maybe it's the biggest day for constellations and modello brands, too. it is enough to move the company's quarter. all right. the markets closed for good on friday if next week is anything like this

our behind the scenes exclusive of their new calvin klein exclusive. >> it's "e.t." >> this is "e.t."is is the best time of my life. >> oh, wow. >> nobody knows hollywood like "entertainment tonight." >> would you like to see something amazing that no one's seen? >> bigger, better and before everyone else. >> i love you. you love me. >> now "e.t." is everywhere you go. >> meghan, selfie. one, two, three. >> on instagram, facebook and twitter. >> what? >> entertainment begins and ends with "e.t." >> travel consideration provided by -- >> you're not allowed to do that. >> may may look like typical siblings goofing around. there's nothing typical about them. she's 16. he's 18. they're the new sensation in the modeling world and beautiful. >> it's not a huge surprise. their parents are cindy crawford and randy gerber. we're behind the scenes for their new ad for calvin klein. >> don't touch me. >> not even calvin comes between this family. >> we're very close and we all support each other. >> they're beautiful children. >> that's i can't believe it's head and shoulders. i thought it was j

our behind the scenes exclusive of their new calvin klein exclusive.eight: showers moving into parts of the bay area tonight.. and more is on the way.our chief meteorologist is keeping a close eye on the conditions.he has your four zone forecast.plus.. the rookie san francisco police officer who shot and killed an unarmed carjacking suspect, is now out of a job. tonight..reaction from the police union. i'm steve aveson i'm pam moore. the news -- at eight -- is next. >> it's "e.t." >> this is "e.t." >> whoa! "e.t." >> this is the best time of my life. >> oh, wow. >> nobody knows hollywood like "entertainment tonight." >> would you like to see something amazing that no one's seen? >> bigger, better and before everyone else. >> i love you. you love me. >> now "e.t." is everywhere you go. >> meghan, selfie. one, two, three. >> on instagram, facebook and twitter. >> what? >> entertainment begins and ends with "e.t." >> travel consideration provided by -- >> you're not allowed to do that. >> may may look like typical siblings goofing around. there's nothing

scoring 2x higher, it was surprising pvh owned calvin klein, one of our top picks.ur price starg target on the stock $265 today. it's doing smart things. so we're not surprised they did well we like the stock here >> what about kohl's that was kind of a surprise, the top department store that surged ahead. shares are lower today, about 4%, but what did millennials and gen z see there? >> my colleague oliver chen covered kohl's, but they did well on our survey it does make it interesting as it relates to its competitive set in the department store channel. >> you raised the target price on pvh today what percentage of sales is calvin klein, and is it a calvin klein call or the strength of all the various brands >> they have a portfolio of blands, and they're all doing well they also own tommy hilfiger the margin expansion of growth they're putting up domestically and international, particularly in europe, creates probably a mid-teens earning over the next three to five years. they generate a lot of free cash flow, so they can buy more brands as well so pvh sets up we

but the owner of brands like tommy hilfiger and calvin klein gave guidance for 2019 below street estimates. shares% plunged to 33.01. carnival said a rise in online spending helped that cruiseline top sales. demand remains stroel. shares f 1% to om.20. >>> cg up, at&t spars with the u.s. government. at stake, $85 billion, and time warner. we head to court next. >>> the biggest anti trust case in a generation is finally gotten underway. the justice department as you know is suing to block at&t's $85illion merger with time warner. hampton pearson is at the courthouse for us tonight. hampton? >> reporter: bill, this was like opening day of that long aatited legal the departement of b justice enetwet and at&t time warner. opening arguments attended by, among others, at&t's ceo randle stevenson as well as his time warner colleague. they were eard onc in court is the government in essence saying that this merger would see consumers ping higher prices and less innovation going forward for all of the video however they choose to receive it, whether it is on atv, smart phone, or tablet going forwar

and clothing companypvh topped earnings expectations after the bell thanks ton strength itsa calvin klein and tommy hill gigger brands. pvh expects that momentum to continue aav an upbeat outlook as a result. shares ended the regular session up a fraction at $144.0 >>> coming up the big demand for bigger cars. >> luxury autos a hot but right now buyers want more than justnother luxury sedan. what are they looking for? i'm phil lebeau at the new york international auto show. i'll tell you when "nightly business report" returns. >>> ody's lowered its credit rating on tesla by bun notch y yesterday. the credit rating agency sites the company's large negative free cash flow and the shortfall in production of its model 3 electric car. tesla is also under scrutiny by rtthe national transion safety board which is conducting an investigation is a fatal crash in california. the stocked 7% to 257.78. >>> federal regulators want to cancel planned increase for meyer penalties for gas guzzling vehicles. the rule was put into place by the obama administration. it called for a dulling of fines if the ca

interestingly enough, macy's also rising, as is the maker of calvin klein and tommy clothing. another big client, amazon. mark: 19 minutes left in the thursday session, last trading day of the week before the easter break. we are heading for the first weekly rise in three and the second month since august of last year. of biggest drop since march 2016. that puts the last three months in perspective. as does this, the stoxx 600 enters correction territory this week, falling 10% from january. the index 12 month price ratio hit the lowest level since june of 2016. the dividend yield has surged some 330 basis points above .ermany for morgan stanley, european valuations are looking very attractive price with estimated earnings. is the blue line moving in different directions mark cme, up agreeing to purchase michael slager's next group with a transatlantic deal valued at 3.9 million pounds, and trading foreign exchanges. cme and will over trading and treasury futures, brokering the largest market for trading treasuries. cap better known as its i think trading volume for a trillion

calvin klein.es it mean to be back on the red carpet? >> well, i wish they would be gray or something. or green. i'm sick of red! >> fashion and fun in the spotlight for the biggest awards show of the year. well, the red carpet felt like one big party. a celebration of film, fashion, and females! in a fitting finale to what was a memorable year in hollywood that we will all be talking about for a long time. >> it was. natalie, thank you so much. you're going to have more of that on "access hollywood." we'll turn to the senior fashion editor of "marie clare" and celebrity stylist e red carpet co-host jetted here overnight and made it. >> i did. >> i got here. overall impressions. it was nice. it wasn't a sea of black. it was all kinds of colors. what did you think? >> so wonderfully vibrant. it was exciting to see an array of color. >> yeah. i thought it was a great night for fashion. so many great trends. i thought it was a really, really exciting oscars. >> if you had to pick, brad, your number on

was the best quarter ever, everything is double digits around the globe synchronized buying of calvin kleinmy hilfiger he went through hard times with currency and now the currency is just at a fantastic tailwind after being a head wind. all of the department stores said he singled out -- macy's said business is just incredible that's jeff beganet, but all of the department stores are doing amazingly well this is such a different narrative from what we had and i want to point out when i look at what pbh -- remember they own the shirt and tie business the calvin klein business is huge in europe and china is good china is really good he said, listen, we need fair trade but manny was the most enthusiastic i've ever seen him. he's been on the show for as long as the show i just got to tell you, that stock is an up stock and going higher i think they at one point -- did they had trump's ties? >> i hate to -- >> oh, right, yeah. >> guys, a potential deal we've been following here for some time of course is whether or not cbs and viacom will get back together having been split up some time back th

revenue rose 19% the clothingmaker was helped by increase sales of tommy hilfiger and calvin klein brands>>> shares of verint systems are rallying after reporting better than expected results and also raising its full-year outlook. brian? >> can you give us a look ahead? am i correct in hearing you have a ufo story for us in your trending stories >> we have a lot of good stories coming up in trending. stick around for that ufo one. >> thank you very much >>> on deck, we are talking trade. cnbc sitting down with america's top diplomat in china. find out what he said about a brewing trade war that could have an impact on your money >>> and could a multibillion dollar deal in texas signal a new round to the oil boom? we'll let you know as we head to break, a check on how your money has done in the first quarter of this year stick around, more "worldwide exchange" will be right back ♪ >>> 5:17 here at cnbc, 10:17 in london beautiful shot here's how things look in europe in the markets everybody is up. not a lot. germany up about 0.6%. the cac 40 up 0.4% over night in asia, also higher. no hug

it looks like a calvin klein model pose.hich is really funny. >> it has been six months since abendroth was convicted for assaulting his girlfriend. he says he was high and drunk at the time and remembers little, if anything, about what happened. now his sentence is nearly complete. he has another chance to make it on the outside. >> ow! come on, man, that's my nuts. >> it was an awesome day because the countdown to 13 hours and i'm out of this hell hole. i will no longer be in kent county. i will be free like a bird. >> krak rok. you know what i'm saying? i can't make fun of nobody, you know what i'm saying? >> can't slap nobody on the head no more. >> can't smack nobody. >> no more rednecks. >> like this. >> the only thing i'm worried about is if my p.o. want today's drug test me or violate me. ♪ >> on the streets, abendroth is a rapper known as krak rok. though he has blamed drugs for his numerous troubles with the law, he says they're part of his job. >> i'm a musician. you know how music and drugs go hand in hand. that'

and that outfit you can see there is the type of traditional material that the messiah use and calvin klein and ralph lauren are just a few other brands accused of using the side designs without paying the people themselves now the message must fight maids and like to use ip says people should be collecting ten million dollars a year in licensing fees so in light of all of that we'd like to know what you think share your thoughts with us you can tweet me ordering on twitter the hash tag as always a.j. news grid sarah thank you well let's get a check on more of for the news headlines from right around the world and we'll cross over to lauren taylor who is joining us from our london broadcast center hi laurin. thanks three britain is holding a second meeting of its national emergency committee in response to the poisoning of a russian former spy with a nerve agent u.k. home secretary will travel meeting investigators into the attack focusing their attention on the victim's house in the english city of souls bree agent was found unconscious last weekend and his daughter yulia they remain in cr

we have pvh, that's an umbrella company which includes tommy hilfiger, calvin klein fashions.s up nicely, 5%. >>> now, just days after arriving at the space station, two astronauts are starting a space walk. it'll last for six and a half hours. they will unstall a new wireless communication -- install a new wireless communication system. they're doing it right now, that's live tv. the reboot of roseanne, out of the park ratings. president trump called her to congratulate on those ratings and to thank her for making the main character a trump supporter. who would have thought? [laughter] the ihop restaurant chain, they make the top five list of casual dining restaurants. they have the most loyal customers. can you guess which casual dining chain is number one? it's one of those days, we'll tell you which one after this. ♪ ♪ [ phone rings ] hi, tom. hey, how's the college visit? you remembered. it's good. does it make the short list? you remembered that too. yeah, i'm afraid so. knowing what's important to you... it's okay. this is what we've been planning for. thanks, bye. that

like too much those days, they say the revenue, the retailer was helped by increased sales in calvin kleinht, don't you >> don't even try his name >> you probably will nail this one. right? >> it's unfair >> it is it is. they spelled it wrong. i saw it it's not your fault. >> you can never blame the producer it's your own. so i take it on myself >> okay. >> all right >> thank you, joseph >> still can he does no, this is me volatility a lot of volatility. >> volatility continues to slam the market we know that joining us for more investor reaction, all the swings we seen on wall street. let's bring in stifel ceo and chairman ron kruszewski. >> i'm not sure i want to weigh in >> corona or corona. >> ron, we've seen all this volatility on wall street what does it mean from your perspective? where are people concerned about this, where are average investors thinking of all this >> average investors, if you got an ad advisor, you'll get through this, okay that's what we do. we get people through the volatility so, what do you expect last year we had no volatility it will revert we will have a l