Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Brussels, Belgium
Retail
EU Probes Shein Over Sale of Illegal Products, Addictive Design
A formal investigation into the Chinese online retailer has been opened due to concerns over the sale of illegal products and the platform’s potentially addictive design.
EU Probes Shein Over Sale of Illegal Products, Addictive Design
A formal investigation into the Chinese online retailer has been opened due to concerns over the sale of illegal products and the platform’s potentially addictive design.
Retail
Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels
Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.
Brussels Wants to Accelerate Crackdown on Cheap Chinese Parcels
Brussels is proposing to accelerate the removal of the €150 ‘de minimis’ customs threshold for parcels entering the EU, mostly from China.
Luxury
Gucci, Chloé and Loewe Fined Over $182 Million by EU for Anticompetitive Pricing Practices
The EU Commission said the luxury brands fixed resale prices, violating competition rules.
Gucci, Chloé and Loewe Fined Over $182 Million by EU for Anticompetitive Pricing Practices
The EU Commission said the luxury brands fixed resale prices, violating competition rules.
Sustainability
EU Parliament Plans More Cuts to Sustainability Rules
Brussels is in the process of negotiating changes to flagship regulation that would make big fashion brands more accountable for environmental and labour abuses in their supply chains.
EU Parliament Plans More Cuts to Sustainability Rules
Brussels is in the process of negotiating changes to flagship regulation that would make big fashion brands more accountable for environmental and labour abuses in their supply chains.
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Sustainability
EU Will Delay Anti-Deforestation Law by Another Year, Commissioner Says
The landmark policy aims to ban imports of products like leather and palm oil that could be linked to deforestation.
EU Will Delay Anti-Deforestation Law by Another Year, Commissioner Says
The landmark policy aims to ban imports of products like leather and palm oil that could be linked to deforestation.
Retail
Zalando Loses Court Fight Against Landmark EU Online Content Rules
The online fashion retailer’s legal loss supports the EU’s push to hold online platforms more accountable for illegal and harmful content.
Zalando Loses Court Fight Against Landmark EU Online Content Rules
The online fashion retailer’s legal loss supports the EU’s push to hold online platforms more accountable for illegal and harmful content.
Retail
EU Says Temu in Breach of Rules to Prevent Sale of Illegal Products
The Chinese e-commerce giant could be facing up to 6 percent of global turnover for endangering consumers.
EU Says Temu in Breach of Rules to Prevent Sale of Illegal Products
The Chinese e-commerce giant could be facing up to 6 percent of global turnover for endangering consumers.
Technology
EU Charges Amazon With Distorting Online Retail Competition
The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
EU Charges Amazon With Distorting Online Retail Competition
The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
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Global Markets
The EU Opens Trade Doors for Vietnam and Shuts Out Cambodia
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
The EU Opens Trade Doors for Vietnam and Shuts Out Cambodia
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
News & Analysis
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
EU Agrees to January 31 Brexit Extension
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
News & Analysis
EU Could Approve Boris Johnson’s Brexit Extension Request by Friday
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
EU Could Approve Boris Johnson’s Brexit Extension Request by Friday
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
Sustainability
European Trade Policy Seen Going Greener After EU Parliament Vote
The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
European Trade Policy Seen Going Greener After EU Parliament Vote
The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
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.