Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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Latest News & Analysis
China
Travel Retail Is in Trouble. How Bad Will It Get?
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
Travel Retail Is in Trouble. How Bad Will It Get?
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
Retail
Canada Goose Sees Hit to 2020 Profit and Sales from Coronavirus
The outerwear brand generates about a fifth of its revenue from Asia.
Canada Goose Sees Hit to 2020 Profit and Sales from Coronavirus
The outerwear brand generates about a fifth of its revenue from Asia.
News & Analysis
Italy's Fashion Industry Expects Growth to Stall, Before Rebounding
Amid trade war tensions, Brexit and Hong Kong protests, the Italian fashion industry's revenue growth is slowing.
Italy's Fashion Industry Expects Growth to Stall, Before Rebounding
Amid trade war tensions, Brexit and Hong Kong protests, the Italian fashion industry's revenue growth is slowing.
News & Analysis
Calvin Klein Owner PVH Cuts Full-Year Profit, Revenue Forecast
The parent company of Calvin Klein expects US tariffs on Chinese goods to cut earnings by about 20 cents and hit full-year revenue by the end of 2019.
Calvin Klein Owner PVH Cuts Full-Year Profit, Revenue Forecast
The parent company of Calvin Klein expects US tariffs on Chinese goods to cut earnings by about 20 cents and hit full-year revenue by the end of 2019.
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Financial Markets
Amazon's Big Spending Dents Profit and Trims Forecast
Amazon said it would spend $800 million in the second quarter to move to one-day delivery for its best customers, trying to maintain its fast-shipping advantage over rivals like Walmart.
Amazon's Big Spending Dents Profit and Trims Forecast
Amazon said it would spend $800 million in the second quarter to move to one-day delivery for its best customers, trying to maintain its fast-shipping advantage over rivals like Walmart.
Retail
Abercrombie & Fitch Shares Dive 18% Due To Slowing Sales Growth
The company has decided to close three flagship stores, including a Hollister store in New York's SoHo area.
Abercrombie & Fitch Shares Dive 18% Due To Slowing Sales Growth
The company has decided to close three flagship stores, including a Hollister store in New York's SoHo area.
News & Analysis
Higher Spending Dampens Forecast for Michael Kors Owner Capri
The company, which is banking on the popularity of Jimmy Choo and Versace to offset weakness at Michael Kors, has been investing in new stores, event sponsorships and promotional contracts with movie stars.
Higher Spending Dampens Forecast for Michael Kors Owner Capri
The company, which is banking on the popularity of Jimmy Choo and Versace to offset weakness at Michael Kors, has been investing in new stores, event sponsorships and promotional contracts with movie stars.
Financial Markets
Amazon Shares Dip After Sales Miss
The e-commerce behemoth came short of Wall Street projections for its quarterly sales and lowered its revenue forecast for the holiday season.
Amazon Shares Dip After Sales Miss
The e-commerce behemoth came short of Wall Street projections for its quarterly sales and lowered its revenue forecast for the holiday season.
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Retail
Zalando Slashes Guidance Again
Europe's biggest pure online fashion retailer said the unusually hot summer weighed on revenue growth and earnings.
Zalando Slashes Guidance Again
Europe's biggest pure online fashion retailer said the unusually hot summer weighed on revenue growth and earnings.
Beauty
Luxury Shudders as China's Tech Sector Stumbles
This week, everyone will be talking about China's troubled tech sector, indie beauty brands and retail earnings. Read our BoF Professional Cheat Sheet.
Luxury Shudders as China's Tech Sector Stumbles
This week, everyone will be talking about China's troubled tech sector, indie beauty brands and retail earnings. Read our BoF Professional Cheat Sheet.
News & Analysis
Jimmy Choo Sales Help Michael Kors Beat Estimates
The boost prompted the company to raise its full-year earnings forecast.
Jimmy Choo Sales Help Michael Kors Beat Estimates
The boost prompted the company to raise its full-year earnings forecast.
Financial Markets
Zalando Trims Outlook After Disappointing Quarter
Europe's biggest pure online fashion retailer's quarterly results fell short of analyst expectations, even though it reported a record number of active customers.
Zalando Trims Outlook After Disappointing Quarter
Europe's biggest pure online fashion retailer's quarterly results fell short of analyst expectations, even though it reported a record number of active customers.
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.