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

The brand founded by the legendary makeup artist nearly a decade ago is struggling. Once valued at over $1 billion, the line is worth a fraction of that today. Multiple rounds of layoffs, and signs of behind-the-scenes turmoil raise questions about what went wrong and how the business can get back on track.

The brand founded by the legendary makeup artist nearly a decade ago is struggling. Once valued at over $1 billion, the line is worth a fraction of that today. Multiple rounds of layoffs, and signs of behind-the-scenes turmoil raise questions about what went wrong and how the business can get back on track.

On Monday at 10 a.m., a swarm of extremely well-heeled clients — dressed in Schiaparelli looks, holding Schiaparelli bags and wearing bright gold Schiaparelli jewellery, often the same pieces, from the same collections — proceeded en masse into the Petit Palais in Paris.

On Monday at 10 a.m., a swarm of extremely well-heeled clients — dressed in Schiaparelli looks, holding Schiaparelli bags and wearing bright gold Schiaparelli jewellery, often the same pieces, from the same collections — proceeded en masse into the Petit Palais in Paris.

Is it a love story, a murder mystery, or the last day of the couture shows? asks Tim Blanks.

Is it a love story, a murder mystery, or the last day of the couture shows? asks Tim Blanks.

Couture Week was a polarised affair, opposing restraint and excess, technique and showmanship, real clothes and wild storytelling, with little in between, writes Angelo Flaccavento.

Couture Week was a polarised affair, opposing restraint and excess, technique and showmanship, real clothes and wild storytelling, with little in between, writes Angelo Flaccavento.
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Strong design signatures from the past prove you can go back to the future at Balenciaga and Jean Paul Gaultier, writes Tim Blanks.

Strong design signatures from the past prove you can go back to the future at Balenciaga and Jean Paul Gaultier, writes Tim Blanks.

Virginie Viard is the latest designer to join in fashion’s pre-Olympic celebration of Paris, both as city and state of mind, writes Tim Blanks.

Virginie Viard is the latest designer to join in fashion’s pre-Olympic celebration of Paris, both as city and state of mind, writes Tim Blanks.

How does haute couture cope in Paris when real life intrudes, asks Tim Blanks.

How does haute couture cope in Paris when real life intrudes, asks Tim Blanks.

The artistic director tells Tim Blanks about reigniting the surrealist maison, and why fashion doesn’t have to be ‘relevant’ right now.

The artistic director tells Tim Blanks about reigniting the surrealist maison, and why fashion doesn’t have to be ‘relevant’ right now.
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Ahead of his debut at the storied French couture house, the former Gaga collaborator and founder of street-luxe label Alyx talks exclusively to Tim Blanks.

Ahead of his debut at the storied French couture house, the former Gaga collaborator and founder of street-luxe label Alyx talks exclusively to Tim Blanks.

BoF's editor-at-large travels back to Karl Lagerfeld’s Shakespearean Fairyland, when he transformed the Grand Palais into a forest right out of 'A Midsummer Night's Dream.'

BoF's editor-at-large travels back to Karl Lagerfeld’s Shakespearean Fairyland, when he transformed the Grand Palais into a forest right out of 'A Midsummer Night's Dream.'

Designer Pierpaolo Piccioli says digital can be a new communication tool in fashion as long as the human remains at the centre.

Designer Pierpaolo Piccioli says digital can be a new communication tool in fashion as long as the human remains at the centre.

This week, everyone will be talking about Valentino's couture show and the worsening coronavirus pandemic in the US. Get your BoF Professional Cheat Sheet.

This week, everyone will be talking about Valentino's couture show and the worsening coronavirus pandemic in the US. Get your BoF Professional Cheat Sheet.
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.