Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Ghana
Sustainability
Fashion Castoffs Dumped in Protected Wetlands in Ghana
Shipments of unwanted old clothes from UK and European brands have turned a conservation site into a dumping ground, according to a new investigation.
Fashion Castoffs Dumped in Protected Wetlands in Ghana
Shipments of unwanted old clothes from UK and European brands have turned a conservation site into a dumping ground, according to a new investigation.
Sustainability
Used Clothes Pile Up as Ghana’s Kantamanto Market Struggles to Rebuild After Fire
The Jan. 1 blaze destroyed much of the secondhand trading hub where many of the world’s used clothes end up.
Used Clothes Pile Up as Ghana’s Kantamanto Market Struggles to Rebuild After Fire
The Jan. 1 blaze destroyed much of the secondhand trading hub where many of the world’s used clothes end up.
Sustainability
Stop Dumping Your Cast-Offs on Us, Ghanaian Clothes Traders Tell EU
With 100 tons of clothing from the West discarded every day in Accra, ‘fast fashion’ brands must be forced to help pay for the choking textile waste they create, environmentalists say.
Stop Dumping Your Cast-Offs on Us, Ghanaian Clothes Traders Tell EU
With 100 tons of clothing from the West discarded every day in Accra, ‘fast fashion’ brands must be forced to help pay for the choking textile waste they create, environmentalists say.
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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.