Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
department-stores
Retail
Department Stores Offer Curbside Service as Stores Reopen
Saks Fifth Avenue stylists and personal shoppers are sending messages to clients in Texas, telling them they can schedule appointments to shop online and collect merchandise curbside or make returns.
Department Stores Offer Curbside Service as Stores Reopen
Saks Fifth Avenue stylists and personal shoppers are sending messages to clients in Texas, telling them they can schedule appointments to shop online and collect merchandise curbside or make returns.
Retail
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Retail
Macy's Taps Investment Bank to Explore Recapitalisation
Macy's has asked advisers to help manage its liabilities and explore options that could include new financing, sources say.
Macy's Taps Investment Bank to Explore Recapitalisation
Macy's has asked advisers to help manage its liabilities and explore options that could include new financing, sources say.
Retail
Debenhams Enters Administration for Second Time
The ailing British department store, which narrowly avoided collapse roughly 12 months ago, has already liquidated its operations in Ireland.
Debenhams Enters Administration for Second Time
The ailing British department store, which narrowly avoided collapse roughly 12 months ago, has already liquidated its operations in Ireland.
Retail
Is This the End of Wholesale, or the Beginning of Something Better?
Department stores are cancelling orders and delaying payments, pushing designers to breaking point and calling into question a system that has been challenged for years.
Is This the End of Wholesale, or the Beginning of Something Better?
Department stores are cancelling orders and delaying payments, pushing designers to breaking point and calling into question a system that has been challenged for years.
Retail
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Retail
Macy's to Furlough Nearly 130,000 Employees
The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.
Macy's to Furlough Nearly 130,000 Employees
The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.
Retail
Why Neiman Marcus Is Getting Rid of Its Off-Price Stores
The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.
Why Neiman Marcus Is Getting Rid of Its Off-Price Stores
The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.
Luxury
Raf and Miuccia Steal the Spotlight from Paris
This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.
Raf and Miuccia Steal the Spotlight from Paris
This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.
Retail
Macy’s Is Ditching the Mall. Will the Plan Work?
The department store chain is closing 125 stores and opening a new small-format store concept. Analysts say pivoting away from struggling malls is a smart move.
Macy’s Is Ditching the Mall. Will the Plan Work?
The department store chain is closing 125 stores and opening a new small-format store concept. Analysts say pivoting away from struggling malls is a smart move.
Retail
Casper’s IPO Will Be a Moment of Truth for Fashion’s Start-Ups
This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.
Casper’s IPO Will Be a Moment of Truth for Fashion’s Start-Ups
This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.
Retail
Can the American Department Store Be Saved?
After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?
Can the American Department Store Be Saved?
After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
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.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
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.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
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.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.