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The News In Brief

Latest News & Analysis
Workplace & Talent

US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%

The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.

Workplace & Talent

US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%

The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.


Sports

Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales

The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.

Sports

Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales

The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.


Retail

Gap Sales Miss Expectations After Old Navy, Athleta Fall Short

The brands Gap and Banana Republic beat comparable sales estimates.

Retail

Gap Sales Miss Expectations After Old Navy, Athleta Fall Short

The brands Gap and Banana Republic beat comparable sales estimates.


Retail

Fashion Startup Founder Pleads Guilty in $300 Million Fraud

Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.

Retail

Fashion Startup Founder Pleads Guilty in $300 Million Fraud

Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.


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Luxury

Missoni Family Exits Namesake Brand

The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.

Luxury

Missoni Family Exits Namesake Brand

The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.


Retail

Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel

Spend growth at off-price chains ‌is among the strongest in retail, ​with gains across all income segments.

Retail

Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel

Spend growth at off-price chains ‌is among the strongest in retail, ​with gains across all income segments.


Retail

Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty

The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme ​Court struck down most of his earlier tariffs.

Retail

Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty

The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme ​Court struck down most of his earlier tariffs.


Beauty

Makeup by Mario Appoints Global President

Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.

Beauty

Makeup by Mario Appoints Global President

Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.