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

Jens Grede and Erik Torstensson have grown their former side project into a $100 million business. Can the duo behind so many other blockbuster brands turn their own label into a global player?

Jens Grede and Erik Torstensson have grown their former side project into a $100 million business. Can the duo behind so many other blockbuster brands turn their own label into a global player?

Import tariffs for apparel, footwear and cosmetics will be more than halved.

Import tariffs for apparel, footwear and cosmetics will be more than halved.

The retailer's entry will follow Zara and H&M in an apparel market that’s forecast to grow 29 percent to $56 billion by 2021.

The retailer's entry will follow Zara and H&M in an apparel market that’s forecast to grow 29 percent to $56 billion by 2021.

The fashion group will focus on concentrating resources in developing Asian markets in China, Hong Kong, Taiwan, Singapore and Malaysia.

The fashion group will focus on concentrating resources in developing Asian markets in China, Hong Kong, Taiwan, Singapore and Malaysia.

While the brand still has numerous retail partners, from mass-market staples to fancy department stores, the direct-to-consumer sales of apparel expand the website’s offering — which already included handbags and jewelry.

While the brand still has numerous retail partners, from mass-market staples to fancy department stores, the direct-to-consumer sales of apparel expand the website’s offering — which already included handbags and jewelry.

With Entireworld, Scott Sternberg aims to unite the commercial savvy of a direct-to-consumer business model with the emotion of a designer-led brand.

With Entireworld, Scott Sternberg aims to unite the commercial savvy of a direct-to-consumer business model with the emotion of a designer-led brand.

As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.

As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.

The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.

The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.

A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.

A new report predicts the UK's textiles, apparel and footwear industry will be among the worst hit by Brexit.

Rapper Lil Yachty tried to help rekindle Nautica’s appeal last year by unveiling a collection for the label, but it wasn’t enough to turn around the business.

Rapper Lil Yachty tried to help rekindle Nautica’s appeal last year by unveiling a collection for the label, but it wasn’t enough to turn around the business.

The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.

The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.

The giants of the packaged-food sector are adding new concepts to their stables to adapt to today's shoppers — and specialty apparel chains could benefit from the same approach.

The giants of the packaged-food sector are adding new concepts to their stables to adapt to today's shoppers — and specialty apparel chains could benefit from the same approach.
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.