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

In the age of access, the wholesale distribution model, which comes with inventory risk and high working-capital requirements, no longer makes a lot of sense.

In the age of access, the wholesale distribution model, which comes with inventory risk and high working-capital requirements, no longer makes a lot of sense.

Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.

Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

Discounting is rampant at retail, but these tactics can help you keep margins healthy.

Discounting is rampant at retail, but these tactics can help you keep margins healthy.

Black Friday and Cyber Monday sales are slated to break yet another record this year, but retailers are facing growing pressure to begin promotions well before the end of the season.

Black Friday and Cyber Monday sales are slated to break yet another record this year, but retailers are facing growing pressure to begin promotions well before the end of the season.

Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.

Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.

Private equity owner OpCapita is seeking a buyer for the company valued at €300-350 million, hoping to benefit from high equity valuations.

Private equity owner OpCapita is seeking a buyer for the company valued at €300-350 million, hoping to benefit from high equity valuations.

Wal-Mart posted its fastest rise in online sales in five years, signalling the retailer is getting a payoff from an ambitious online expansion, which included last year’s $3.3 billion acquisition of Jet.com.

Wal-Mart posted its fastest rise in online sales in five years, signalling the retailer is getting a payoff from an ambitious online expansion, which included last year’s $3.3 billion acquisition of Jet.com.

The company's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction but it still needs to find a way to thrive in the face of intense pressure from Amazon and Wal-Mart.

The company's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction but it still needs to find a way to thrive in the face of intense pressure from Amazon and Wal-Mart.

The company, which operates T.J. Maxx and Marshalls, now expects full-year profit between $3.71 and $3.78 per share, far short of analyst expectations.

The company, which operates T.J. Maxx and Marshalls, now expects full-year profit between $3.71 and $3.78 per share, far short of analyst expectations.

With apparel sales of almost £1 billion, Sainsbury's is now the UK’s 10th-largest clothing retailer by value and sixth-largest by number of garments sold.

With apparel sales of almost £1 billion, Sainsbury's is now the UK’s 10th-largest clothing retailer by value and sixth-largest by number of garments sold.

The world’s biggest retailer says it still has plenty of ground to cover as it expands its online business in the face of fierce competition from digital leaders like Amazon.

The world’s biggest retailer says it still has plenty of ground to cover as it expands its online business in the face of fierce competition from digital leaders like Amazon.
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.