Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
New Zealand
Global Markets
New Zealand Luxury Retailers Primed for Early Border Reopening
The return of tourists will bolster what has proven to be a more resilient than expected local luxury market attracting the likes of Burberry and Balenciaga during the pandemic.
New Zealand Luxury Retailers Primed for Early Border Reopening
The return of tourists will bolster what has proven to be a more resilient than expected local luxury market attracting the likes of Burberry and Balenciaga during the pandemic.
Retail
Designer Karen Walker on Shedding Excess and Renewing Purpose
BoF’s Tim Blanks speaks to New Zealand-based designer Karen Walker about how Covid-19 has changed her business.
Designer Karen Walker on Shedding Excess and Renewing Purpose
BoF’s Tim Blanks speaks to New Zealand-based designer Karen Walker about how Covid-19 has changed her business.
Retail
New Zealand Unit of Topshop Placed in Receivership
The fate of Topshop's two New Zealand stores is uncertain, merely two years after the brand arrived in the country.
New Zealand Unit of Topshop Placed in Receivership
The fate of Topshop's two New Zealand stores is uncertain, merely two years after the brand arrived in the country.
News & Analysis
Karen Walker Says Collaboration is the Key to Growth
AUCKLAND, New Zealand — Launched in 1989 with two t-shirts and the paltry sum of NZ$100 (about $78), Karen Walker — often called the designer for
Karen Walker Says Collaboration is the Key to Growth
AUCKLAND, New Zealand — Launched in 1989 with two t-shirts and the paltry sum of NZ$100 (about $78), Karen Walker — often called the designer for
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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.