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

The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.

The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.

Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.

Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.

The New York-based handbag maker's first quarterly sales decline in almost eight years couldn’t have come at a worse time, weakening its bargaining power in an eventual sale.

The New York-based handbag maker's first quarterly sales decline in almost eight years couldn’t have come at a worse time, weakening its bargaining power in an eventual sale.

Kate Spade's sales decline gives potential suitors such as Coach and Michael Kors even more reason not to pay a high premium to buy the $3 billion company.

Kate Spade's sales decline gives potential suitors such as Coach and Michael Kors even more reason not to pay a high premium to buy the $3 billion company.

The British fashion brand struggled in the past few years to stand out in a fiercely competitive fashion retailing market.

The British fashion brand struggled in the past few years to stand out in a fiercely competitive fashion retailing market.

In the newly created role, the former Bergdorf Goodman president will be responsible for all aspects of the brand globally, reporting to Victor Luis, CEO of Coach Inc.

In the newly created role, the former Bergdorf Goodman president will be responsible for all aspects of the brand globally, reporting to Victor Luis, CEO of Coach Inc.

SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot, is benefiting from buoyant demand among a fast-growing middle class in China, where it already has 70 stores.

SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot, is benefiting from buoyant demand among a fast-growing middle class in China, where it already has 70 stores.

Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.

Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.

The company needs the money so it can continue selling inventory to pay creditors, who are owed $459 million, according to a court filing.

The company needs the money so it can continue selling inventory to pay creditors, who are owed $459 million, according to a court filing.

In today's News Bites, Calvin Klein teams up with the Moonlight cast, Rebekka Bay exits Everlane for Marimekko and Sofia Sanchez de Betak aka Chufy launches her own line.

In today's News Bites, Calvin Klein teams up with the Moonlight cast, Rebekka Bay exits Everlane for Marimekko and Sofia Sanchez de Betak aka Chufy launches her own line.

Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?

Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?

This month, our spotlight shines on Complét, a Tel Aviv-based accessories brand with global ambitions.

This month, our spotlight shines on Complét, a Tel Aviv-based accessories brand with global ambitions.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
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.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
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.
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.