Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Chengdu, China
Retail
Chengdu, China’s Next Fashion Powerhouse
In hot pursuit of China’s elite league, one city is sprinting ahead of its second-tier rivals, hoping to join the ranks of Shanghai, Beijing, Guangzhou and Shenzhen.
Chengdu, China’s Next Fashion Powerhouse
In hot pursuit of China’s elite league, one city is sprinting ahead of its second-tier rivals, hoping to join the ranks of Shanghai, Beijing, Guangzhou and Shenzhen.
China
The China Edit | Asian Designers, Second-Tier Cities, Shangpin's New Model, E-Commerce Booms
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Asian Designers, Second-Tier Cities, Shangpin's New Model, E-Commerce Booms
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
News & Analysis
Luxury in Chengdu, Tory Burch sets stage for IPO, Unstable spending, Nordstrom's alias, Andrej Pejic's story
Chasing Luxury Dreams – A Tale from Chengdu (Forbes) "It's one thing that the Chinese government spearheads infrastructure projects such as massive
Luxury in Chengdu, Tory Burch sets stage for IPO, Unstable spending, Nordstrom's alias, Andrej Pejic's story
Chasing Luxury Dreams – A Tale from Chengdu (Forbes) "It's one thing that the Chinese government spearheads infrastructure projects such as massive
ADVERTISEMENT
ADVERTISEMENT
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.