Sorry, but I think you mean "featured", not "featuring". In any case, the word is truly difficult to translate as it doesn't really have even a close analog in Russian. Well, usually it goes like this:

Our featured product for today is on iPhone 6 - Продукт дня сегодня представлен на iPhone 6

The featured word today in our on-line dictionary is the word "featured" - Словом дня в нашем словаре является слово "слово дня "

Anyways, this word's translatiion is highly context dependent. For example, something like this:

"A featured product at a sale" might be translated as "главный продукт на распродаже".