Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.

Net sales fell 34 percent to $485.4 million in the first quarter as stores remained shut.

Net sales fell 34 percent to $485.4 million in the first quarter as stores remained shut.

Brighter interiors and larger fitting rooms have helped improve same-store sales by 8 percent.

Brighter interiors and larger fitting rooms have helped improve same-store sales by 8 percent.

The teen retailer blamed political issues ranging from Brexit to Hong Kong protests.

The teen retailer blamed political issues ranging from Brexit to Hong Kong protests.

The retailer has adjusted its outlook to anticipate additional tariffs of as much as 30 percent.

The retailer has adjusted its outlook to anticipate additional tariffs of as much as 30 percent.
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Inside the global retail empire owner's $45.6 million Ohio residence, nestled among Facebook, Amazon and Alphabet data centres.

Inside the global retail empire owner's $45.6 million Ohio residence, nestled among Facebook, Amazon and Alphabet data centres.

Comparable sales increased for a sixth consecutive quarter climbing more than double analysts’ predictions, and net sales are set to rise 2 to 4 percent this year.

Comparable sales increased for a sixth consecutive quarter climbing more than double analysts’ predictions, and net sales are set to rise 2 to 4 percent this year.

The company’s total comparable-store sales rose 3 percent, beating analyst estimates of a 1.7 percent gain.

The company’s total comparable-store sales rose 3 percent, beating analyst estimates of a 1.7 percent gain.

The retailer's stock plunged after the release of results — another sign that apparel retailers’ recent strength could be short-lived.

The retailer's stock plunged after the release of results — another sign that apparel retailers’ recent strength could be short-lived.
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Starting Tuesday, shoppers using the retailer’s namesake and Hollister apps will be able to select the popular payment platform as an option when checking out.

Starting Tuesday, shoppers using the retailer’s namesake and Hollister apps will be able to select the popular payment platform as an option when checking out.

Arthur Martinez is retiring, signalling that a long quest to set the clothing chain on a new course is wrapping up.

Arthur Martinez is retiring, signalling that a long quest to set the clothing chain on a new course is wrapping up.

Abercrombie & Fitch forecast robust sales for the holiday quarter as its surf-wear brand Hollister helped revive the previously struggling retailer.

Abercrombie & Fitch forecast robust sales for the holiday quarter as its surf-wear brand Hollister helped revive the previously struggling retailer.

Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.

Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.
The brands Gap and Banana Republic beat comparable sales estimates.
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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.
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The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
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.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.