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

This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.

This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.

This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.

This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.

This week, e-commerce company JD.com is accused of selling counterfeit products, while Zara launches an augmented reality app to lure millennials.

This week, e-commerce company JD.com is accused of selling counterfeit products, while Zara launches an augmented reality app to lure millennials.

This week, online sales of personal luxury goods are set to reach $90 million, while Stitch Fix shares fall after posting second-quarter results.

This week, online sales of personal luxury goods are set to reach $90 million, while Stitch Fix shares fall after posting second-quarter results.

This week, Shudu is the first digitally-created supermodel, while Apple overtakes Fitbit in wearables sales.

This week, Shudu is the first digitally-created supermodel, while Apple overtakes Fitbit in wearables sales.

This week, Dolce & Gabbana uses drones instead of models at Milan Fashion Week, while JD.com launches accelerator for blockchain start-ups.

This week, Dolce & Gabbana uses drones instead of models at Milan Fashion Week, while JD.com launches accelerator for blockchain start-ups.

This week, Apple sells more watches than the entire Swiss watchmaking industry, while Apple and Target are in competition for the same customer.

This week, Apple sells more watches than the entire Swiss watchmaking industry, while Apple and Target are in competition for the same customer.

This week, Amazon's Echo Look will partner with Condé Nast publications to give out fashion advice, while Humans of Fashion will launch an app to provide the industry with a support network.

This week, Amazon's Echo Look will partner with Condé Nast publications to give out fashion advice, while Humans of Fashion will launch an app to provide the industry with a support network.

This week, Intel makes its first foray into wearables, while retailers are set to spend over $7.3 billion on AI by 2022.

This week, Intel makes its first foray into wearables, while retailers are set to spend over $7.3 billion on AI by 2022.

This week, Nike uses algorithms to design its Epic React Flyknit trainer, while Amazon raises fees for third-party apparel sellers.

This week, Nike uses algorithms to design its Epic React Flyknit trainer, while Amazon raises fees for third-party apparel sellers.

This week, Amazon opens a convenience store of the future, while wardrobe start-up Finery generates $5 million seed funding from Farfetch and C Ventures.

This week, Amazon opens a convenience store of the future, while wardrobe start-up Finery generates $5 million seed funding from Farfetch and C Ventures.

This week, digital magazine covers are bringing media brands into the new age, while fashion's love affair with wearables may be over.

This week, digital magazine covers are bringing media brands into the new age, while fashion's love affair with wearables may be over.
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.