Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Oslo, Norway
Retail
Nordic Sports Retailer XXL Shares Plunge More Than 40 Percent
Shares of European retailers have been under pressure recently after warnings of poor performance by the likes of ASOS and Sports Direct.
Nordic Sports Retailer XXL Shares Plunge More Than 40 Percent
Shares of European retailers have been under pressure recently after warnings of poor performance by the likes of ASOS and Sports Direct.
News & Analysis
Norway to Ban Fur Farms as Fox and Mink Go Out of Fashion
Animal rights group Noah hailed the decision as part of a shift against what it views as an outdated and cruel business with dwindling appeal to fashion-conscious consumers.
Norway to Ban Fur Farms as Fox and Mink Go Out of Fashion
Animal rights group Noah hailed the decision as part of a shift against what it views as an outdated and cruel business with dwindling appeal to fashion-conscious consumers.
News & Analysis
Top Fashion Companies Come Together to Improve Children’s Rights
H&M, Kering and VF Corporation are among the companies that have joined a new network, set up by the world’s biggest wealth fund and Unicef, to address the plight of children in the garment production industry.
Top Fashion Companies Come Together to Improve Children’s Rights
H&M, Kering and VF Corporation are among the companies that have joined a new network, set up by the world’s biggest wealth fund and Unicef, to address the plight of children in the garment production industry.
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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.