Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Huntington Beach, United States
Financial Markets
Quiksilver Said to Seek Financing in Bankruptcy Exit Preparation
Quiksilver Inc., the surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy.
Quiksilver Said to Seek Financing in Bankruptcy Exit Preparation
Quiksilver Inc., the surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy.
News & Analysis
Oaktree Said Close to Hiring AlixPartners for Quiksilver Bid
Oaktree Capital Management LP is close to hiring AlixPartners LLP to advise on its efforts to take over Quiksilver Inc., according to people with knowledge of the matter.
Oaktree Said Close to Hiring AlixPartners for Quiksilver Bid
Oaktree Capital Management LP is close to hiring AlixPartners LLP to advise on its efforts to take over Quiksilver Inc., according to people with knowledge of the matter.
Financial Markets
Quiksilver Files for Bankruptcy, to Hand Control to Oaktree
Quiksilver Inc., the California surfwear chain that lost 79 percent of its market value this year, filed for bankruptcy with a plan to hand control over to lender Oaktree Capital Management LP.
Quiksilver Files for Bankruptcy, to Hand Control to Oaktree
Quiksilver Inc., the California surfwear chain that lost 79 percent of its market value this year, filed for bankruptcy with a plan to hand control over to lender Oaktree Capital Management LP.
News & Analysis
Quiksilver Said to Seek Buyer as Chain Struggles to Stay Afloat
Quiksilver Inc., the surfwear chain that has lost more than three-quarters of its value this year, is looking for a buyer that could help keep the company afloat.
Quiksilver Said to Seek Buyer as Chain Struggles to Stay Afloat
Quiksilver Inc., the surfwear chain that has lost more than three-quarters of its value this year, is looking for a buyer that could help keep the company afloat.
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Financial Markets
Quiksilver Reports 2Q Loss
Quiksilver Inc. on Tuesday reported a loss of $37.6 million in its fiscal second quarter. The results missed Wall Street expectations.
Quiksilver Reports 2Q Loss
Quiksilver Inc. on Tuesday reported a loss of $37.6 million in its fiscal second quarter. The results missed Wall Street expectations.
News & Analysis
Quiksilver Investor Urges Retail Chain to Put Itself Up for Sale
Quiksilver Inc. investor Consac LLC is urging the clothing chain to put itself up for sale after it lost almost three-quarters of its value in the past year.
Quiksilver Investor Urges Retail Chain to Put Itself Up for Sale
Quiksilver Inc. investor Consac LLC is urging the clothing chain to put itself up for sale after it lost almost three-quarters of its value in the past year.
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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.