Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Finland
News & Analysis
Why the Fur Industry Is Betting on Influencers
Global fur sales fell to $33 billion last year, down from $40 billion in 2015. Now, Saga Furs, which provides fur for numerous high fashion houses, is turning to influencers like Bryanboy to turn the tide.
Why the Fur Industry Is Betting on Influencers
Global fur sales fell to $33 billion last year, down from $40 billion in 2015. Now, Saga Furs, which provides fur for numerous high fashion houses, is turning to influencers like Bryanboy to turn the tide.
Sustainability
EU Proposes Ban on Deliberately Added Micro-Plastics to Combat Pollution
The tiny bits of plastic end up in waterways and oceans, giving rise to increasing concern about their effect on marine ecosystems.
EU Proposes Ban on Deliberately Added Micro-Plastics to Combat Pollution
The tiny bits of plastic end up in waterways and oceans, giving rise to increasing concern about their effect on marine ecosystems.
Retail
Finnish Retailer Stockmann Announces Abrupt Departure of CEO in midst of Restructuring
Loss-making Finnish retailer Stockmann announced the surprise departure of its chief executive on Monday, raising questions over the company's ongoing restructuring.
Finnish Retailer Stockmann Announces Abrupt Departure of CEO in midst of Restructuring
Loss-making Finnish retailer Stockmann announced the surprise departure of its chief executive on Monday, raising questions over the company's ongoing restructuring.
Sustainability
Op-Ed | Welcome Fur with High Standards
The fur debate doesn’t have to be black and white with no middle ground. Designers and consumers have every right to use and buy fur, argues Jan Erik Carlson of Saga Furs.
Op-Ed | Welcome Fur with High Standards
The fur debate doesn’t have to be black and white with no middle ground. Designers and consumers have every right to use and buy fur, argues Jan Erik Carlson of Saga Furs.
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Financial Markets
Finnish Cosmetics Maker Lumene Names Unilever Veteran as CEO
Lumene Oy, a Finnish maker of cosmetics made out of wild berries, named a Unilever NV haircare manager as chief executive officer in a bid to expand abroad.
Finnish Cosmetics Maker Lumene Names Unilever Veteran as CEO
Lumene Oy, a Finnish maker of cosmetics made out of wild berries, named a Unilever NV haircare manager as chief executive officer in a bid to expand abroad.
Technology
Content Monetisation Start-up Kiosked Gets $6.9M in Fresh Funding
Finnish content monetisation start-up Kiosked, which makes it easier for people to buy products that appear in online images or video clips, and whose clients include Nike, has raised $6.9 million in new funding.
Content Monetisation Start-up Kiosked Gets $6.9M in Fresh Funding
Finnish content monetisation start-up Kiosked, which makes it easier for people to buy products that appear in online images or video clips, and whose clients include Nike, has raised $6.9 million in new funding.
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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.