Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
California, United States
Beauty
Elf Shares Climb as It Boosts Revenue Outlook
The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.
Elf Shares Climb as It Boosts Revenue Outlook
The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.
News & Analysis
Op-Ed | Bret Easton Ellis: Is Inclusivity Good for Fashion?
In a controversial essay in the latest issue of Vogue Italia, American novelist Bret Easton Ellis argues that inclusivity is destroying what made the fashion world so alluring in the first place.
Op-Ed | Bret Easton Ellis: Is Inclusivity Good for Fashion?
In a controversial essay in the latest issue of Vogue Italia, American novelist Bret Easton Ellis argues that inclusivity is destroying what made the fashion world so alluring in the first place.
Technology
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Media
Apple’s ‘Netflix for Magazines’ Getting a Chilly Reception
Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?
Apple’s ‘Netflix for Magazines’ Getting a Chilly Reception
Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?
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Retail
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Technology
Yahoo Said to Pay $230 Million for Shopping Site Polyvore
Yahoo! Inc. is paying about $230 million for shopping service Polyvore Inc. as the Internet portal seeks new ways to draw in users and advertisers.
Yahoo Said to Pay $230 Million for Shopping Site Polyvore
Yahoo! Inc. is paying about $230 million for shopping service Polyvore Inc. as the Internet portal seeks new ways to draw in users and advertisers.
Marketing
Google Says ‘Buy’ Button Coming to Online Advertising Service
Google Inc. plans to unveil a “buy” button for its advertising service, stepping up pressure on rival Amazon.com Inc. as the company moves deeper into online commerce.
Google Says ‘Buy’ Button Coming to Online Advertising Service
Google Inc. plans to unveil a “buy” button for its advertising service, stepping up pressure on rival Amazon.com Inc. as the company moves deeper into online commerce.
Financial Markets
Quiksilver Shares Plunge After Surfwear Chain Replaces CEO, CFO
Quiksilver Inc. shares plunged as much as 16 percent after the struggling surfwear chain replaced its top executives and restated earnings results.
Quiksilver Shares Plunge After Surfwear Chain Replaces CEO, CFO
Quiksilver Inc. shares plunged as much as 16 percent after the struggling surfwear chain replaced its top executives and restated earnings results.
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.