Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Beirut, Lebanon
Retail
Are Online Marketplaces the New Department Stores?
Brands are increasingly turning to platforms, from Farfetch to new entrants like Behold and The Yes, for the exposure multi-brand retailers used to provide.
Are Online Marketplaces the New Department Stores?
Brands are increasingly turning to platforms, from Farfetch to new entrants like Behold and The Yes, for the exposure multi-brand retailers used to provide.
Global Markets
The BoF Podcast: Rebuilding Lebanon’s Fashion Industry
Elie Saab Jr, chief executive of Elie Saab Group, and Lebanese designers Roni Helou and Amine Jreissati speak about the urgent need for global solidarity in the face of crisis.
The BoF Podcast: Rebuilding Lebanon’s Fashion Industry
Elie Saab Jr, chief executive of Elie Saab Group, and Lebanese designers Roni Helou and Amine Jreissati speak about the urgent need for global solidarity in the face of crisis.
Global Markets
'We Must Go On,' Says Lebanese Designer Elie Saab After Blast
The explosion badly damaged the designer's main office and headquarters, and devastated his home.
'We Must Go On,' Says Lebanese Designer Elie Saab After Blast
The explosion badly damaged the designer's main office and headquarters, and devastated his home.
Global Markets
Lebanon’s Fashion Industry Hit by Triple Crisis
An explosion that rocked Beirut this week damaged or destroyed the headquarters of internationally renowned couturiers like Elie Saab, Zuhair Murad and Rabih Kayrouz and came at a time when Lebanon was already facing economic collapse and the coronavirus.
Lebanon’s Fashion Industry Hit by Triple Crisis
An explosion that rocked Beirut this week damaged or destroyed the headquarters of internationally renowned couturiers like Elie Saab, Zuhair Murad and Rabih Kayrouz and came at a time when Lebanon was already facing economic collapse and the coronavirus.
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Global Markets
Can Beirut Steal Some of Dubai’s Thunder?
Lebanon’s capital can’t compete in terms of scale, but a fearless new Beirut fashion school founded by Elie Saab proves there is more to play for in the Middle East than meets the eye.
Can Beirut Steal Some of Dubai’s Thunder?
Lebanon’s capital can’t compete in terms of scale, but a fearless new Beirut fashion school founded by Elie Saab proves there is more to play for in the Middle East than meets the eye.
Global Markets
In Beirut, Sarah’s Bag Balances Style and Social Good
In battle-scarred Beirut, Sarah Beydoun of Sarah’s Bag has built an international accessories business built on unique bags handmade by former prostitutes and prisoners by putting her story second and fashion first.
In Beirut, Sarah’s Bag Balances Style and Social Good
In battle-scarred Beirut, Sarah Beydoun of Sarah’s Bag has built an international accessories business built on unique bags handmade by former prostitutes and prisoners by putting her story second and fashion first.
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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.