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

The company has been struggling to lift sales, particularly in the Americas - its biggest market - as shoppers shift to cheaper and chic brands, and spend lesser on accessories.

The company has been struggling to lift sales, particularly in the Americas - its biggest market - as shoppers shift to cheaper and chic brands, and spend lesser on accessories.

"With traditional banking routes closing down due to concerns over mounting defaults, the $12-billion sector has to become more transparent to be

"With traditional banking routes closing down due to concerns over mounting defaults, the $12-billion sector has to become more transparent to be

In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.

In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.

Tiffany must leave its comfort zone and move faster than it's used to, truly embracing change rather than just showing ads about it.

Tiffany must leave its comfort zone and move faster than it's used to, truly embracing change rather than just showing ads about it.

"As the storied brand comes off a sluggish decade, it’s looking to the 'self-purchasing woman' to save it."

"As the storied brand comes off a sluggish decade, it’s looking to the 'self-purchasing woman' to save it."

For the Austrian crystal and jewellery company, 2017 will be a time to invest in technology and sustainable innovation.

For the Austrian crystal and jewellery company, 2017 will be a time to invest in technology and sustainable innovation.

"Gemfields bought Fabergé – famed for its intricate, jewelled Russian Imperial eggs – for around £90m in 2012 from private equity firm Pallinghurst

"Gemfields bought Fabergé – famed for its intricate, jewelled Russian Imperial eggs – for around £90m in 2012 from private equity firm Pallinghurst

Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.

Luxury jeweller Astley Clarke has appointed Dominic Jones as its new creative director.

"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."

"Jewellery companies of all sizes compete to get their baubles on the right celebrities at the right time — including the Emmys."

Cartier chief executive Cyrille Vigneron discusses his vision for the world-famous jeweller, starting with the re-opening of its historic New York mansion.

Cartier chief executive Cyrille Vigneron discusses his vision for the world-famous jeweller, starting with the re-opening of its historic New York mansion.

Tiffany chief executive Frederic Cumenal shares his plans for remaking the 179-year-old jewellery house along with its new advertising campaign, conceived by Grace Coddington.

Tiffany chief executive Frederic Cumenal shares his plans for remaking the 179-year-old jewellery house along with its new advertising campaign, conceived by Grace Coddington.

Luxury body jewellery is piquing the interest of consumers and global retailers alike.

Luxury body jewellery is piquing the interest of consumers and global retailers alike.
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.