Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
New Jersey, United States
Retail
New Jersey’s ‘Dream’ Mall: 40 Million People and a Traffic Nightmare
The owners behind the 3 million-square-foot shopping and entertainment complex hope to beat the United States' dire retail outlook with its unique offering and relative proximity to Manhattan.
New Jersey’s ‘Dream’ Mall: 40 Million People and a Traffic Nightmare
The owners behind the 3 million-square-foot shopping and entertainment complex hope to beat the United States' dire retail outlook with its unique offering and relative proximity to Manhattan.
News & Analysis
Johnson & Johnson to Buy Hair Care Products Maker Vogue for $3.3B
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
Johnson & Johnson to Buy Hair Care Products Maker Vogue for $3.3B
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
Retail
The Children's Place Reports 2Q Loss
The Children's Place Retail Stores Inc. on Tuesday reported a loss of $13.7 million in its fiscal second quarter.
The Children's Place Reports 2Q Loss
The Children's Place Retail Stores Inc. on Tuesday reported a loss of $13.7 million in its fiscal second quarter.
Financial Markets
Ascena Retail Misses Street 3Q Forecasts
Ascena Retail Group Inc. on Tuesday reported fiscal third-quarter net income of $24.4 million. The results fell short of Wall Street expectations.
Ascena Retail Misses Street 3Q Forecasts
Ascena Retail Group Inc. on Tuesday reported fiscal third-quarter net income of $24.4 million. The results fell short of Wall Street expectations.
ADVERTISEMENT
News & Analysis
Fired L’Oreal Lawyer Says Company Patent Push Was Only Cosmetic
A lawyer formerly in charge of applying for patents in L’Oreal’s US office claims he was fired in December for refusing to make filings for dubious inventions just so the company could fill an annual quota.
Fired L’Oreal Lawyer Says Company Patent Push Was Only Cosmetic
A lawyer formerly in charge of applying for patents in L’Oreal’s US office claims he was fired in December for refusing to make filings for dubious inventions just so the company could fill an annual quota.
ADVERTISEMENT
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.