Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
acquisition
Luxury
Off-White Backer Adds Ambush Brand to Its Portfolio
New Guards Group has major ambitions to grow the jewellery-focused label from Yoon Ahn and Verbal internationally.
Off-White Backer Adds Ambush Brand to Its Portfolio
New Guards Group has major ambitions to grow the jewellery-focused label from Yoon Ahn and Verbal internationally.
Financial Markets
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Luxury
Moncler Plays Down Possible Kering Takeover
CEO Remo Ruffini said a merger between Moncler and the luxury conglomerate was currently not being considered.
Moncler Plays Down Possible Kering Takeover
CEO Remo Ruffini said a merger between Moncler and the luxury conglomerate was currently not being considered.
Retail
Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table
Richard Baker's take-private deal comes seven years after he took Hudson's Bay public and values the company at just a third of its 2015 worth,
Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table
Richard Baker's take-private deal comes seven years after he took Hudson's Bay public and values the company at just a third of its 2015 worth,
Luxury
Report: Kering Holds Exploratory Talks on Deal for Moncler
Shares of Moncler have risen 33 percent this year, giving it a market value of about $11 billion.
Report: Kering Holds Exploratory Talks on Deal for Moncler
Shares of Moncler have risen 33 percent this year, giving it a market value of about $11 billion.
Financial Markets
Hudson’s Bay Rejects $1.5 Billion Bid From Catalyst Capital
The response is the latest twist in the battle for the struggling retailer, which Chairman Richard Baker said he wants to turn around outside the glare of public markets.
Hudson’s Bay Rejects $1.5 Billion Bid From Catalyst Capital
The response is the latest twist in the battle for the struggling retailer, which Chairman Richard Baker said he wants to turn around outside the glare of public markets.
Luxury
LVMH Buys Tiffany in $16 Billion Deal
The French luxury conglomerate is betting that it can restore shine to the faded American jeweller and boost its watches and jewellery division.
LVMH Buys Tiffany in $16 Billion Deal
The French luxury conglomerate is betting that it can restore shine to the faded American jeweller and boost its watches and jewellery division.
Financial Markets
Carlyle Is Said to Weigh Bid for Dr. Martens
The British bootmaker is owned by Permira, which is targeting an exit in 2020 via sale or IPO, according to reports.
Carlyle Is Said to Weigh Bid for Dr. Martens
The British bootmaker is owned by Permira, which is targeting an exit in 2020 via sale or IPO, according to reports.
Beauty
Unilever and Henkel Among Expected Bidders for Coty's $7 Billion Professional Brand Portfolio
Consumer goods companies and private equity firms are set to enter a bidding war for Coty's pro brands, including Wella and OPI.
Unilever and Henkel Among Expected Bidders for Coty's $7 Billion Professional Brand Portfolio
Consumer goods companies and private equity firms are set to enter a bidding war for Coty's pro brands, including Wella and OPI.
Retail
Hudson’s Bay Chair to Receive $11 Million Payout In Takeover
The company agreed to sell itself to the group of investors led by Richard Baker last month after the buyers agreed to increase the takeover price to C$1.9 billion.
Hudson’s Bay Chair to Receive $11 Million Payout In Takeover
The company agreed to sell itself to the group of investors led by Richard Baker last month after the buyers agreed to increase the takeover price to C$1.9 billion.
Luxury
Paula Cademartori Parts Ways With OTB Group
The Italian-Brazilian accessories brand is ending its three-year partnership with Renzo Rosso’s group by mutual consent.
Paula Cademartori Parts Ways With OTB Group
The Italian-Brazilian accessories brand is ending its three-year partnership with Renzo Rosso’s group by mutual consent.
Luxury
What LVMH Stands to Gain From Buying Tiffany
An acquisition could make sense for both the luxury conglomerate and the American jeweller, but it wouldn’t be without its challenges.
What LVMH Stands to Gain From Buying Tiffany
An acquisition could make sense for both the luxury conglomerate and the American jeweller, but it wouldn’t be without its challenges.
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.