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

The revenue drop came as the fashion retailer shut its shops for a second national lockdown in England.

The revenue drop came as the fashion retailer shut its shops for a second national lockdown in England.

The M.A.C brand owner has seen growth in demand for its skincare products, while sales in the Asia-Pacific market increased 9 percent to $1.15 billion.

The M.A.C brand owner has seen growth in demand for its skincare products, while sales in the Asia-Pacific market increased 9 percent to $1.15 billion.

The ultra-fast fashion company boosted its outlook as its core customer base appeared unfazed by reports of poor working conditions in its supply chain.

The ultra-fast fashion company boosted its outlook as its core customer base appeared unfazed by reports of poor working conditions in its supply chain.

This week, everyone will be talking about the first collection from co-designers Miuccia Prada and Raf Simons, Trump's TikTok ban and a new push to commit brands to improving conditions for garment workers. Get your BoF Professional Cheat Sheet.

This week, everyone will be talking about the first collection from co-designers Miuccia Prada and Raf Simons, Trump's TikTok ban and a new push to commit brands to improving conditions for garment workers. Get your BoF Professional Cheat Sheet.
ADVERTISEMENT

The fast fashion retailer, which will publish its full quarterly report on October 1, reported pretax earnings of around $229 million.

The fast fashion retailer, which will publish its full quarterly report on October 1, reported pretax earnings of around $229 million.

This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.

This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.

The US-based retailer's total revenue fell 15 percent to $883.5 million in the three months ended August 1, beating expectations of $847.8 million.

The US-based retailer's total revenue fell 15 percent to $883.5 million in the three months ended August 1, beating expectations of $847.8 million.

In July Associated British Foods forecast full year adjusted operating profit for Primark in a range of $396-$462 million.

In July Associated British Foods forecast full year adjusted operating profit for Primark in a range of $396-$462 million.
ADVERTISEMENT

The Calvin Klein and Tommy Hilfiger owner reported a total revenue of $1.58 billion for the second quarter ended August 2, beating analysts' estimates of $1.25 billion.

The Calvin Klein and Tommy Hilfiger owner reported a total revenue of $1.58 billion for the second quarter ended August 2, beating analysts' estimates of $1.25 billion.

The cosmetic company's net revenue fell to $922.1 million, missing expectations of $1.34 billion.

The cosmetic company's net revenue fell to $922.1 million, missing expectations of $1.34 billion.

The luxury jeweller said worldwide sales in August so far were slightly positive from a year earlier, as the rebound in second-quarter sales in China extended into the current quarter.

The luxury jeweller said worldwide sales in August so far were slightly positive from a year earlier, as the rebound in second-quarter sales in China extended into the current quarter.

The Michael Kors owner saw its total revenue drop 66.5 percent to $451 million in the first quarter, beating analysts expectations.

The Michael Kors owner saw its total revenue drop 66.5 percent to $451 million in the first quarter, beating analysts expectations.
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.