Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
investing
Financial Markets
LVMH Takes Minority Stake in Gabriela Hearst
The investment in the nascent New York-based label was made by the conglomerate's venture arm.
LVMH Takes Minority Stake in Gabriela Hearst
The investment in the nascent New York-based label was made by the conglomerate's venture arm.
Luxury
Report: Trussardi Acquired by Quattro R
Trussardi’s founding family has sold the fashion house to investment fund Quattro R, according to a report published by Italian news site Pambianco.
Report: Trussardi Acquired by Quattro R
Trussardi’s founding family has sold the fashion house to investment fund Quattro R, according to a report published by Italian news site Pambianco.
Financial Markets
Report: Diesel Founder Interested in Roberto Cavalli
Renzo Rosso is interested in buying the luxury brand through his OTB holding company, according to Italian paper Il Sole 24 Ore.
Report: Diesel Founder Interested in Roberto Cavalli
Renzo Rosso is interested in buying the luxury brand through his OTB holding company, according to Italian paper Il Sole 24 Ore.
Financial Markets
LVMH-Backed Buyout Firm Invests in Top Chinese Gym Chain Will's
The transaction adds to the $84 billion of private equity deals announced this year involving Chinese targets.
LVMH-Backed Buyout Firm Invests in Top Chinese Gym Chain Will's
The transaction adds to the $84 billion of private equity deals announced this year involving Chinese targets.
China
China Stakes Fashion Claim in the Middle East
The Middle East is China's next new frontier in fashion, Burberry is rumoured to be eyeing a London-Shanghai stock link, and JD.com’s singles day student labour surfaces. Read China Decoded to make sense of the market.
China Stakes Fashion Claim in the Middle East
The Middle East is China's next new frontier in fashion, Burberry is rumoured to be eyeing a London-Shanghai stock link, and JD.com’s singles day student labour surfaces. Read China Decoded to make sense of the market.
Financial Markets
H&M Sentiment Shifts as Recent Gains Erase Year's Deep Losses
Gains of 36 percent have come on the back of better-than-expected sales data for the third quarter, as well as speculation that the company may soon become private.
H&M Sentiment Shifts as Recent Gains Erase Year's Deep Losses
Gains of 36 percent have come on the back of better-than-expected sales data for the third quarter, as well as speculation that the company may soon become private.
Financial Markets
Tory Burch Buys Back Stake
The American fashion brand is buying back Mexican private equity firm Tresalia Capital's minority stake in the business.
Tory Burch Buys Back Stake
The American fashion brand is buying back Mexican private equity firm Tresalia Capital's minority stake in the business.
Financial Markets
Walmart, Macy's Test Investors' Patience in Chasing After Amazon
Taking on Amazon — and its two-day delivery model — doesn’t come cheap, and shareholders are beginning to wonder if the heavy investments will be sustainable when demand inevitably subsides.
Walmart, Macy's Test Investors' Patience in Chasing After Amazon
Taking on Amazon — and its two-day delivery model — doesn’t come cheap, and shareholders are beginning to wonder if the heavy investments will be sustainable when demand inevitably subsides.
Financial Markets
China Industrial Output, Investment Beat Forecasts; Retail Sales Miss Expectations
Retail sales fell short of analysts' expectations, rising only 8.6 percent last month.
China Industrial Output, Investment Beat Forecasts; Retail Sales Miss Expectations
Retail sales fell short of analysts' expectations, rising only 8.6 percent last month.
Financial Markets
Franklin Templeton Taps Into Israel's $67 Billion Retail Market
The Israeli government has only recently allowed foreign firms to offer offshore products directly to investors.
Franklin Templeton Taps Into Israel's $67 Billion Retail Market
The Israeli government has only recently allowed foreign firms to offer offshore products directly to investors.
Financial Markets
Amazon Threat Is Spurring Money Managers to Invest in Underdogs
Fear of competition from the FAANGs can spur too much selling in less-exciting companies, despite their strong fundamentals.
Amazon Threat Is Spurring Money Managers to Invest in Underdogs
Fear of competition from the FAANGs can spur too much selling in less-exciting companies, despite their strong fundamentals.
Financial Markets
Influencers Are Investors Now, Too
As digital influencers gain more clout in the beauty and fashion industries, they’re trading their Instagram fame for equity in up-and-coming brands.
Influencers Are Investors Now, Too
As digital influencers gain more clout in the beauty and fashion industries, they’re trading their Instagram fame for equity in up-and-coming brands.
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.