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

This week, H&M is under fire for issuing a lawsuit against street artist, while fur in China thrives despite the likes of Versace going fur-free.

This week, H&M is under fire for issuing a lawsuit against street artist, while fur in China thrives despite the likes of Versace going fur-free.

Both the brands said they would stop using real fur in their collections, joining a growing list of luxury labels turning their backs on fur.

Both the brands said they would stop using real fur in their collections, joining a growing list of luxury labels turning their backs on fur.

Animal rights group Noah hailed the decision as part of a shift against what it views as an outdated and cruel business with dwindling appeal to fashion-conscious consumers.

Animal rights group Noah hailed the decision as part of a shift against what it views as an outdated and cruel business with dwindling appeal to fashion-conscious consumers.

Cheaply available animal fur and opaque supply chains have contributed to the rise of genuine fur advertised and sold as faux.

Cheaply available animal fur and opaque supply chains have contributed to the rise of genuine fur advertised and sold as faux.

The American accessible luxury brand is the latest company to adopt a fur-free policy, effective in 2018.

The American accessible luxury brand is the latest company to adopt a fur-free policy, effective in 2018.

Is fur unethical and inhumane or sustainable and good for business? Leaders representing both sides of the fur debate presented their arguments in back-to-back remarks on the #BoFVOICES stage. Watch now.

Is fur unethical and inhumane or sustainable and good for business? Leaders representing both sides of the fur debate presented their arguments in back-to-back remarks on the #BoFVOICES stage. Watch now.

Millennial-friendly megabrands like Gucci are going fur-free, but the $40 billion global fur industry is working hard to reinvent itself for a new generation of consumers.

Millennial-friendly megabrands like Gucci are going fur-free, but the $40 billion global fur industry is working hard to reinvent itself for a new generation of consumers.

This season, London Fashion Week was met with activism on a much bigger scale than usual, with protests outside Burberry, Gareth Pugh and the British Fashion Council’s show space.

This season, London Fashion Week was met with activism on a much bigger scale than usual, with protests outside Burberry, Gareth Pugh and the British Fashion Council’s show space.

This week, why becoming an influencer is the new unpaid internship, and the blurring of gender boundaries in fashion.

This week, why becoming an influencer is the new unpaid internship, and the blurring of gender boundaries in fashion.

In today's News Bites, the RealReal adds more cash to its coffers, while the Yoox Net-a-Porter Group has adopted a company-wide no-fur policy.

In today's News Bites, the RealReal adds more cash to its coffers, while the Yoox Net-a-Porter Group has adopted a company-wide no-fur policy.

Charlotte Beecham, 27, started her scarf business just four years ago. Today, revenues are now in the multi-millions with sales growing 40 percent in the past year.

Charlotte Beecham, 27, started her scarf business just four years ago. Today, revenues are now in the multi-millions with sales growing 40 percent in the past year.

This week, H&M has taken action against factories employing 14-year-olds, and the burkini debate continues.

This week, H&M has taken action against factories employing 14-year-olds, and the burkini debate continues.
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.