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

Simeon Siegal, BMO Capital Markets managing director and Jyothi Rao, Intermix chief executive join BoF to discuss why fashion brands are raising prices and pulling back on discounts, and whether the trend will last.

Simeon Siegal, BMO Capital Markets managing director and Jyothi Rao, Intermix chief executive join BoF to discuss why fashion brands are raising prices and pulling back on discounts, and whether the trend will last.

The abrupt departure of the fast fashion e-tailer’s CEO alongside a warning profits could fall sharply this year have raised the stakes for the company’s strategy update next month.

The abrupt departure of the fast fashion e-tailer’s CEO alongside a warning profits could fall sharply this year have raised the stakes for the company’s strategy update next month.
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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.