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

" Yoox to Accelerate Expansion After Merger With Net-a-Porter" (Bloomberg) "For Federico Marchetti, combining Yoox SpA with Cie. Financiere Richemont

" Yoox to Accelerate Expansion After Merger With Net-a-Porter" (Bloomberg) "For Federico Marchetti, combining Yoox SpA with Cie. Financiere Richemont

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

In the age of e-commerce, physical flagships are still critical to engaging male luxury consumers, though market leaders are integrating their online and offline presence to create new digitally enhanced stores.

In the age of e-commerce, physical flagships are still critical to engaging male luxury consumers, though market leaders are integrating their online and offline presence to create new digitally enhanced stores.

"Bonobos, Frank and Oak and a handful of other online sellers have launched full-service brick-and-mortar stores in recent years,

"Bonobos, Frank and Oak and a handful of other online sellers have launched full-service brick-and-mortar stores in recent years,
ADVERTISEMENT

Who Are You Calling Girly? (NY Times) "In the year since Ms. Waight Keller, formerly the designer of Pringle of Scotland, became the creative

Who Are You Calling Girly? (NY Times) "In the year since Ms. Waight Keller, formerly the designer of Pringle of Scotland, became the creative
ADVERTISEMENT
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.