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

The Savigny Luxury Index fell 2.2 percent over the month, as adverse foreign exchange movements continue to weigh on the luxury sector’s growth.

The Savigny Luxury Index fell 2.2 percent over the month, as adverse foreign exchange movements continue to weigh on the luxury sector’s growth.

The Savigny Luxury Index continued its upward ascent gaining over two percent this month, driven by positive newsflow and reassured prospects for the Chinese economy.

The Savigny Luxury Index continued its upward ascent gaining over two percent this month, driven by positive newsflow and reassured prospects for the Chinese economy.

PARIS, France — Crocodile-skin handbags can be to die for. Really.

PARIS, France — Crocodile-skin handbags can be to die for. Really.

In Italy, a British Outpost (NY Times) "In other words, Burberry, Dsquared, Cavalli and Gucci are not names you will often read in the same sentence.

In Italy, a British Outpost (NY Times) "In other words, Burberry, Dsquared, Cavalli and Gucci are not names you will often read in the same sentence.
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Gucci Feeds Its Florentine Roots (IHT) "The museum, housed in a 14th-century building in the Piazza della Signoria, is designed to honor the

Gucci Feeds Its Florentine Roots (IHT) "The museum, housed in a 14th-century building in the Piazza della Signoria, is designed to honor the

Cavalli agrees to sell 30 percent to Clessidra (Reuters) "Italian designer Roberto Cavalli has signed a letter of intent with Italian investment fund

Cavalli agrees to sell 30 percent to Clessidra (Reuters) "Italian designer Roberto Cavalli has signed a letter of intent with Italian investment fund

H&M launches home textiles bid ( WSJ) As a way to buffer the lackluster fashion market, H&M has launched a textile business which was slated for a

H&M launches home textiles bid ( WSJ) As a way to buffer the lackluster fashion market, H&M has launched a textile business which was slated for a

Gap earnings rise but sales fall ( Drapers)"Total international sales fell slightly to $505 million over the fourth quarter."

Gap earnings rise but sales fall ( Drapers)"Total international sales fell slightly to $505 million over the fourth quarter."
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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.