Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.

Maximilian Davis, the buzzy British-West Indian designer will join Marco Gobbeti at the Italian luxury label; Farfetch’s Jeffery Fowler will join the watch company as it expands its e-commerce segment.

Maximilian Davis, the buzzy British-West Indian designer will join Marco Gobbeti at the Italian luxury label; Farfetch’s Jeffery Fowler will join the watch company as it expands its e-commerce segment.

The Michael Kors chief executive’s departure came as a surprise to analysts; Adrian Sui will join the German sportswear brand.

The Michael Kors chief executive’s departure came as a surprise to analysts; Adrian Sui will join the German sportswear brand.

Alasdhair Willis will spear creative direction across the sportswear brand; Longtime L’Oréal executive David Greenburg will helm the beauty conglomerate’s US team

Alasdhair Willis will spear creative direction across the sportswear brand; Longtime L’Oréal executive David Greenburg will helm the beauty conglomerate’s US team

Andrew Meslow has been suspended after sharing an offensive post on Instagram; the Katie Grand-led publication adds new Milan, New York and London-based editors.

Andrew Meslow has been suspended after sharing an offensive post on Instagram; the Katie Grand-led publication adds new Milan, New York and London-based editors.
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Former head of content at Dazed Media, Ahmad Swaid will helm the magazine; Jack Coughlin joins PVH.

Former head of content at Dazed Media, Ahmad Swaid will helm the magazine; Jack Coughlin joins PVH.

The Pyer Moss designer’s last collection for the brand will be released in March; Bérangère Ruchat joins the Swiss luxury group.

The Pyer Moss designer’s last collection for the brand will be released in March; Bérangère Ruchat joins the Swiss luxury group.

Greek makeup artist Gregoris Pyrpylis will join the French luxury house, and Sophie Pera will continue to lead Tatler’s fashion team.

Greek makeup artist Gregoris Pyrpylis will join the French luxury house, and Sophie Pera will continue to lead Tatler’s fashion team.

Rhude founder Rhuigi Villaseñor will lead the Swiss luxury brand; SMCP named a new board member.

Rhude founder Rhuigi Villaseñor will lead the Swiss luxury brand; SMCP named a new board member.
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Liisa Kessler joins the Scandinavian label, Laurent Malecaze joins Dunhill from AZ Factory.

Liisa Kessler joins the Scandinavian label, Laurent Malecaze joins Dunhill from AZ Factory.

Tiffany Godoy will lead Vogue Japan, and Emily V. George joins Balmain.

Tiffany Godoy will lead Vogue Japan, and Emily V. George joins Balmain.

Chanel has appointed Unilever human resources chief Leena Nair to the top spot, and executive vice president Michele Norsa will exit Ferragamo.

Chanel has appointed Unilever human resources chief Leena Nair to the top spot, and executive vice president Michele Norsa will exit Ferragamo.

Theory executive Siddhartha Shukla will join France’s oldest couture house, as Alibaba replaced its long-standing CFO and shuffled its commerce leadership.

Theory executive Siddhartha Shukla will join France’s oldest couture house, as Alibaba replaced its long-standing CFO and shuffled its commerce leadership.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
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.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.