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

How do fashion businesses respond when a raw material that they depend upon is under threat?

How do fashion businesses respond when a raw material that they depend upon is under threat?

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

From the vast, goat-populated plains of Inner Mongolia, 'cashmere princess' Jane Wang is spinning a winning formula of handcrafted luxury knitwear and strategic business savvy.

From the vast, goat-populated plains of Inner Mongolia, 'cashmere princess' Jane Wang is spinning a winning formula of handcrafted luxury knitwear and strategic business savvy.

Decades of poor management and cheap overseas competition brought the once booming Scottish knitwear industry to its knees. Today, with a new end-consumer focus and artisanal manufacturing, there is newfound confidence in Hawick and the border mill towns of Scotland.

Decades of poor management and cheap overseas competition brought the once booming Scottish knitwear industry to its knees. Today, with a new end-consumer focus and artisanal manufacturing, there is newfound confidence in Hawick and the border mill towns of Scotland.
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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.