Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Houston, United States
Retail
Men's Wearhouse Owner Files for Bankruptcy
Tailored Brands announced it has entered into a restructuring agreement with more than 75 percent of its senior lenders, which could reduce the company's debt by at least $630 million.
Men's Wearhouse Owner Files for Bankruptcy
Tailored Brands announced it has entered into a restructuring agreement with more than 75 percent of its senior lenders, which could reduce the company's debt by at least $630 million.
News & Analysis
Charming Charlie, Back in Bankruptcy, to Close All Stores
The retailer has filed for chapter 11 bankruptcy protection, marking the second time within two years.
Charming Charlie, Back in Bankruptcy, to Close All Stores
The retailer has filed for chapter 11 bankruptcy protection, marking the second time within two years.
Beauty
Drunk Elephant's Tiffany Masterson Open to a Buyer But Says No Deal Imminent
The beauty start-up has already hired bankers to represent it in a potential sale, but isn’t close to finalising any deals, according to the beauty start-up's founder.
Drunk Elephant's Tiffany Masterson Open to a Buyer But Says No Deal Imminent
The beauty start-up has already hired bankers to represent it in a potential sale, but isn’t close to finalising any deals, according to the beauty start-up's founder.
Beauty
Drunk Elephant Founder Says There Are No Shortcuts in Life
Amid reports that the skincare start-up is exploring a sale, founder Tiffany Masterson shares the best decision and biggest mistake of her entrepreneurship journey.
Drunk Elephant Founder Says There Are No Shortcuts in Life
Amid reports that the skincare start-up is exploring a sale, founder Tiffany Masterson shares the best decision and biggest mistake of her entrepreneurship journey.
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Financial Markets
Men's Wearhouse Misses Street 1Q Forecasts
Men's Wearhouse has reported fiscal first-quarter profit of $1.6 million.
Men's Wearhouse Misses Street 1Q Forecasts
Men's Wearhouse has reported fiscal first-quarter profit of $1.6 million.
Financial Markets
Men’s Wearhouse Owner to Close Hundreds of Stores as Sales Slide
Tailored Brands Inc. plans to shutter about 250 locations, including all its outlet stores, as the owner of Men’s Wearhouse and Jos. A. Bank copes with sluggish sales.
Men’s Wearhouse Owner to Close Hundreds of Stores as Sales Slide
Tailored Brands Inc. plans to shutter about 250 locations, including all its outlet stores, as the owner of Men’s Wearhouse and Jos. A. Bank copes with sluggish sales.
News & Analysis
Nike Said to Face Bidding War for NCAA’s Richest Program
Nike Inc. won’t renew its apparel contract with the University of Texas before the company’s exclusive negotiating window expires on Oct. 1.
Nike Said to Face Bidding War for NCAA’s Richest Program
Nike Inc. won’t renew its apparel contract with the University of Texas before the company’s exclusive negotiating window expires on Oct. 1.
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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.