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

The deal, which includes a $397 million investment from the Chinese e-commerce giant, will give Farfetch a powerful gateway to the world’s second largest luxury market.

The deal, which includes a $397 million investment from the Chinese e-commerce giant, will give Farfetch a powerful gateway to the world’s second largest luxury market.

The Italian menswear brand has appointed Nina-Maria Nitsche as its first female creative director, replacing Justin O’Shea who abruptly exited after just six months in the role.

The Italian menswear brand has appointed Nina-Maria Nitsche as its first female creative director, replacing Justin O’Shea who abruptly exited after just six months in the role.

BoF has learned that Condé Nast will refocus its e-commerce strategy via a new partnership with Farfetch. Style.com will cease operations, effective immediately.

BoF has learned that Condé Nast will refocus its e-commerce strategy via a new partnership with Farfetch. Style.com will cease operations, effective immediately.

Drexler will stay on at J.Crew as chairman, BoF has learned. He will be succeeded as CEO by Jim Brett, who was most recently president of West Elm.

Drexler will stay on at J.Crew as chairman, BoF has learned. He will be succeeded as CEO by Jim Brett, who was most recently president of West Elm.

The Saudi princess has confirmed that she was fired as editor-in-chief of Vogue Arabia after only two issues. It is understood that a new editor has already been appointed.

The Saudi princess has confirmed that she was fired as editor-in-chief of Vogue Arabia after only two issues. It is understood that a new editor has already been appointed.

Enninful, the former style director at W Magazine, succeeds Alexandra Shulman, who resigned after 25 years in January.

Enninful, the former style director at W Magazine, succeeds Alexandra Shulman, who resigned after 25 years in January.

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.

Alexandra Shulman is standing down from her position as editor-in-chief of British Vogue after 25 years.

Alexandra Shulman is standing down from her position as editor-in-chief of British Vogue after 25 years.

The editor-in-chief of The New York Times style magazine is leaving after four years at the helm.

The editor-in-chief of The New York Times style magazine is leaving after four years at the helm.

The award-winning New York-based label will not ship its spring collection.

The award-winning New York-based label will not ship its spring collection.

Chief executive officer Richard Lepeu and chief financial officer Gary Saage will both retire next year, as the company reported a decline in first-half profit.

Chief executive officer Richard Lepeu and chief financial officer Gary Saage will both retire next year, as the company reported a decline in first-half profit.

The chairman of Condé Nast is retiring amidst sweeping changes at the print-led media giant, as it tries to transform itself into a major digital player.

The chairman of Condé Nast is retiring amidst sweeping changes at the print-led media giant, as it tries to transform itself into a major digital player.
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.