Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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Global Markets
Jean-Marc Loubier of First Heritage Brands on Bridging East and West
Divia Harilela sits down with Jean-Marc Loubier, chief executive of First Heritage Brands, an investment arm of the Fung Group which owns Robert Clergerie, Delvaux and Sonia Rykiel, to talk about his global investment strategy.
Jean-Marc Loubier of First Heritage Brands on Bridging East and West
Divia Harilela sits down with Jean-Marc Loubier, chief executive of First Heritage Brands, an investment arm of the Fung Group which owns Robert Clergerie, Delvaux and Sonia Rykiel, to talk about his global investment strategy.
News & Analysis
High-Priced M&A Still in Vogue in Slowing Luxury Industry
"A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to
High-Priced M&A Still in Vogue in Slowing Luxury Industry
"A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to
News & Analysis
Emotion in Paris, Mall kids at Kenzo, Hermès in demand, Fung Brands expands, 30 years of Mario Testino
On Paris Catwalks, Emotion Recollected in Tranquility (IHT) "The post-power woman — purposeful but never aggressive — dug to the depths of women's
Emotion in Paris, Mall kids at Kenzo, Hermès in demand, Fung Brands expands, 30 years of Mario Testino
On Paris Catwalks, Emotion Recollected in Tranquility (IHT) "The post-power woman — purposeful but never aggressive — dug to the depths of women's
News & Analysis
Making China tick, Alaïa’s original spirit, Mouret for Clergerie, Making sense of Premium jeans, The new Tavi?
The mystery of the Chinese consumer (Economist) "After decades of deprivation and conformism, Chinese consumers regard expensive consumer goods as
Making China tick, Alaïa’s original spirit, Mouret for Clergerie, Making sense of Premium jeans, The new Tavi?
The mystery of the Chinese consumer (Economist) "After decades of deprivation and conformism, Chinese consumers regard expensive consumer goods as
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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.