Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Davos, Switzerland
News & Analysis
Nearly Half of WTO Members Agree to Talks on New E-Commerce Rules
In a gathering on the sidelines of the World Economic Forum in Davos, ministers from a smaller group of countries agreed to work out an agenda for negotiations on setting new e-commerce rules.
Nearly Half of WTO Members Agree to Talks on New E-Commerce Rules
In a gathering on the sidelines of the World Economic Forum in Davos, ministers from a smaller group of countries agreed to work out an agenda for negotiations on setting new e-commerce rules.
Sustainability
Making the Business Case for Sustainability
Reputational and financial risks related to the industry’s exposure to climate change are creeping up executives’ agendas, coming into focus at the launch of the Global Fashion Agenda’s new sustainability priorities at Davos.
Making the Business Case for Sustainability
Reputational and financial risks related to the industry’s exposure to climate change are creeping up executives’ agendas, coming into focus at the launch of the Global Fashion Agenda’s new sustainability priorities at Davos.
Financial Markets
4 Davos Themes Fashion Needs to Watch
As business magnates, presidents and economists converged at the 2018 World Economic Forum to discuss the state of the global economy, what important takeaways are there for the fashion industry?
4 Davos Themes Fashion Needs to Watch
As business magnates, presidents and economists converged at the 2018 World Economic Forum to discuss the state of the global economy, what important takeaways are there for the fashion industry?
News & Analysis
Swarovski Says an IPO Could Propel Jeweller's Digital Growth
The jewellery brand has annual sales of about €3.4 billion, and an IPO could raise its digital profile and scale in North America.
Swarovski Says an IPO Could Propel Jeweller's Digital Growth
The jewellery brand has annual sales of about €3.4 billion, and an IPO could raise its digital profile and scale in North America.
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Technology
Impact of Job-Stealing Robots a Growing Concern at Davos
By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation.
Impact of Job-Stealing Robots a Growing Concern at Davos
By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation.
News & Analysis
China's Alibaba Becomes Major Sponsor of Olympics
International Olympic Committee sources have reported that major sponsors pay about $100 million per four-year cycle, which includes one summer and one winter games.
China's Alibaba Becomes Major Sponsor of Olympics
International Olympic Committee sources have reported that major sponsors pay about $100 million per four-year cycle, which includes one summer and one winter games.
News & Analysis
Alibaba's Ma Says No Chance of US Trade War with China
Ma met US President-elect Donald Trump last week and laid out the Chinese e-commerce giant's new future plans.
Alibaba's Ma Says No Chance of US Trade War with China
Ma met US President-elect Donald Trump last week and laid out the Chinese e-commerce giant's new future plans.
News & Analysis
Europe’s Weak Economy Is ‘Core Worry’ for Adidas Chief
Rorsted’s concern contrasts with recent signs that the euro area may be set for a pick-up in economic momentum.
Europe’s Weak Economy Is ‘Core Worry’ for Adidas Chief
Rorsted’s concern contrasts with recent signs that the euro area may be set for a pick-up in economic momentum.
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Technology
What Davos Means for Fashion
At the 2016 World Economic Forum, leaders discussed turmoil in global markets and the impact of ‘The Fourth Industrial Revolution’ on business sectors, including fashion.
What Davos Means for Fashion
At the 2016 World Economic Forum, leaders discussed turmoil in global markets and the impact of ‘The Fourth Industrial Revolution’ on business sectors, including fashion.
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.