Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
investing
Financial Markets
Nuo Capital Acquires Stake in Slowear
The investment will help the Italian fashion group double its turnover to €100 million in the next five years.
Nuo Capital Acquires Stake in Slowear
The investment will help the Italian fashion group double its turnover to €100 million in the next five years.
Financial Markets
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Financial Markets
How Anine Bing Is Avoiding the Nasty Gal Trap
The community-driven brand has secured $15 million in a Series A financing round and aims to double its business next year by 2020.
How Anine Bing Is Avoiding the Nasty Gal Trap
The community-driven brand has secured $15 million in a Series A financing round and aims to double its business next year by 2020.
Financial Markets
Mejuri Wants to Upend Fine Jewellery With a Drop Model
The direct-to-consumer jeweller has raised $5 million in funding in a bid to revolutionise the industry through a drop model.
Mejuri Wants to Upend Fine Jewellery With a Drop Model
The direct-to-consumer jeweller has raised $5 million in funding in a bid to revolutionise the industry through a drop model.
Beauty
Billion-Dollar Beauty Brands Face Exit Conundrum
A new breed of buzzy beauty brands are using social media to drive rapid growth. But can they credibly command technology-style valuations?
Billion-Dollar Beauty Brands Face Exit Conundrum
A new breed of buzzy beauty brands are using social media to drive rapid growth. But can they credibly command technology-style valuations?
Financial Markets
Pat McGrath Receives $60 Million From Eurazeo Brands
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
Pat McGrath Receives $60 Million From Eurazeo Brands
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
Financial Markets
Fashion's Top VCs Open Their Playbooks
A new breed of VC firms is backing next-generation digital lifestyle brands targeting millennials. BoF talks to five of the top players to decode their investment theses.
Fashion's Top VCs Open Their Playbooks
A new breed of VC firms is backing next-generation digital lifestyle brands targeting millennials. BoF talks to five of the top players to decode their investment theses.
Financial Markets
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
Financial Markets
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Financial Markets
Google to Invest $550 Million in JD.com
It could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets.
Google to Invest $550 Million in JD.com
It could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets.
Financial Markets
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
Financial Markets
Op-Ed | Macy’s Upgrades by Becoming Less Like Macy’s
Macy's new investment in retail upstart b8ta provides a big hint about what the retail giant wants its next chapter to look like.
Op-Ed | Macy’s Upgrades by Becoming Less Like Macy’s
Macy's new investment in retail upstart b8ta provides a big hint about what the retail giant wants its next chapter to look like.
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.