Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Sydney, Australia
Sustainability
In Crisis, Don’t Ditch Sustainability
Under severe economic pressure, it’s tempting to see social responsibility as dispensable, but it’s as essential as ever to long-term strategy, argues Clare Press.
In Crisis, Don’t Ditch Sustainability
Under severe economic pressure, it’s tempting to see social responsibility as dispensable, but it’s as essential as ever to long-term strategy, argues Clare Press.
Financial Markets
Amazon Posts Small Loss in Australia
The US company launched its website on December 5 racking up a modest loss of £5.09 million, after rattling established bricks-and-mortar retailers.
Amazon Posts Small Loss in Australia
The US company launched its website on December 5 racking up a modest loss of £5.09 million, after rattling established bricks-and-mortar retailers.
News & Analysis
Online Shopping Boom Keeps Hopes High for Air Freight Profits
An explosion of e-commerce demand is boosting profit at some major airlines despite global trade tensions.
Online Shopping Boom Keeps Hopes High for Air Freight Profits
An explosion of e-commerce demand is boosting profit at some major airlines despite global trade tensions.
News & Analysis
Amazon Cuts Australia From Its US Site to Avoid Sales Import Tax
The move will drive traffic to Amazon's Australian website, which has drawn criticism for a thin product range and uncompetitive prices.
Amazon Cuts Australia From Its US Site to Avoid Sales Import Tax
The move will drive traffic to Amazon's Australian website, which has drawn criticism for a thin product range and uncompetitive prices.
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Fashion Week
Turbulent Times in Australian Retail
Heritage retailers and global e-tailers are locked in battle for the Australian consumer, pitting old guard against new guard while fashion brands get caught in the crossfire.
Turbulent Times in Australian Retail
Heritage retailers and global e-tailers are locked in battle for the Australian consumer, pitting old guard against new guard while fashion brands get caught in the crossfire.
Sustainability
Sustainable Fashion Takes Charge in Australia
Australia's fashion industry is turning to sustainability to reshape its perception on the global stage.
Sustainable Fashion Takes Charge in Australia
Australia's fashion industry is turning to sustainability to reshape its perception on the global stage.
News & Analysis
Amazon Launches 'Fulfillment by Amazon' for Merchants in Australia
The move underscores how the company aims to speed up delivery for shoppers and make its services more compelling.
Amazon Launches 'Fulfillment by Amazon' for Merchants in Australia
The move underscores how the company aims to speed up delivery for shoppers and make its services more compelling.
Global Markets
Amazon Seeks to Conquer New Continent With Push Into Australia
Australia presents a new challenge for Amazon as a sparsely populated, but large, continent that already has a few local web retailers up and running.
Amazon Seeks to Conquer New Continent With Push Into Australia
Australia presents a new challenge for Amazon as a sparsely populated, but large, continent that already has a few local web retailers up and running.
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News & Analysis
Amazon to Help Boost Australian Retailers' Online Sales
Analysts predict Amazon’s arrival will haul the country’s lagging online sales to 10 percent of total retail spending — up from about 7.4 percent this year.
Amazon to Help Boost Australian Retailers' Online Sales
Analysts predict Amazon’s arrival will haul the country’s lagging online sales to 10 percent of total retail spending — up from about 7.4 percent this year.
Retail
How a Designer Collaboration Transformed the Business of Le Specs
The once-sleepy Australian eyewear label is on track to become a $100 million brand, thanks, at least in part, to the blockbuster — and somewhat unexpected — success of its partnership with womenswear designer Adam Selman.
How a Designer Collaboration Transformed the Business of Le Specs
The once-sleepy Australian eyewear label is on track to become a $100 million brand, thanks, at least in part, to the blockbuster — and somewhat unexpected — success of its partnership with womenswear designer Adam Selman.
News & Analysis
Amazon Says Australia Launch Imminent
While the e-commerce giant did not give a precise date, it is expected goods will ship from its first Australian warehouse in time for the end-of-year holiday season.
Amazon Says Australia Launch Imminent
While the e-commerce giant did not give a precise date, it is expected goods will ship from its first Australian warehouse in time for the end-of-year holiday season.
Retail
Australian Topshop Stays Afloat With British Parent Restructure
Arcadia Group, led by Philip Green, will buy parts of Topshop from its Australian franchisee and keep four stores running in the major cities of Sydney, Melbourne and Brisbane.
Australian Topshop Stays Afloat With British Parent Restructure
Arcadia Group, led by Philip Green, will buy parts of Topshop from its Australian franchisee and keep four stores running in the major cities of Sydney, Melbourne and Brisbane.
The News in Brief
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.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
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.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
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.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
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.
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.