Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
law
News & Analysis
Wal-Mart Bribery Probe Said to Be in Final Phase
US prosecutors are in the final phase of a globe-spanning investigation into bribery allegations at Wal-Mart Stores Inc., who said work in China has been bedeviled by disclosure rules and lack of evidence.
Wal-Mart Bribery Probe Said to Be in Final Phase
US prosecutors are in the final phase of a globe-spanning investigation into bribery allegations at Wal-Mart Stores Inc., who said work in China has been bedeviled by disclosure rules and lack of evidence.
Technology
EU May Investigate Online Content Providers over Cross-Border Trade
Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.
EU May Investigate Online Content Providers over Cross-Border Trade
Two out of three online content providers block consumers in another EU country from buying their products or services and could face investigation, European Union antitrust regulators said on Friday.
Technology
EU Regulators to Release Findings on Barriers to Cross-Border E-Commerce
EU regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, potentially laying the groundwork for cases against some companies.
EU Regulators to Release Findings on Barriers to Cross-Border E-Commerce
EU regulators will release data from its year-long inquiry into barriers to cross-border e-commerce next week, potentially laying the groundwork for cases against some companies.
Retail
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
Can China End the Illicit ‘Daigou’ Trade?
Lowering import tariffs and tightening customs controls are among the Chinese government’s strategies for curbing "selling agents” who trade in luxury goods at lower prices. Will it work?
News & Analysis
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Luxury
Bank of China Surrenders Records in Gucci Case After Fines
Bank of China Ltd. turned over records in a case brought by Gucci America Inc. after a US judge fined it $50,000 a day for not complying with subpoenas seeking information about Chinese makers of counterfeit luxury goods.
Bank of China Surrenders Records in Gucci Case After Fines
Bank of China Ltd. turned over records in a case brought by Gucci America Inc. after a US judge fined it $50,000 a day for not complying with subpoenas seeking information about Chinese makers of counterfeit luxury goods.
Financial Markets
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
News & Analysis
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Workplace & Talent
Role Call | Douglas Hand, Fashion Lawyer
Douglas Hand, fashion lawyer and founding partner at HBA, says "Understanding the industry helps you contextualise legal issues and reach the best result for your client."
Role Call | Douglas Hand, Fashion Lawyer
Douglas Hand, fashion lawyer and founding partner at HBA, says "Understanding the industry helps you contextualise legal issues and reach the best result for your client."
Luxury
Money Well Spent? Why Fashion Companies Spend Big on Lobbying Governments
Each year, fashion companies and organisations spend millions of dollars pushing their agenda by lobbying. Does it work?
Money Well Spent? Why Fashion Companies Spend Big on Lobbying Governments
Each year, fashion companies and organisations spend millions of dollars pushing their agenda by lobbying. Does it work?
News & Analysis
Three Firms Seek Legal Fees From American Apparel
The clothing company owes approximately $6 million in total to the three firms for legal services.
Three Firms Seek Legal Fees From American Apparel
The clothing company owes approximately $6 million in total to the three firms for legal services.
News & Analysis
Urban Outfitters to End On-Call Shifts for New York Employees
Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.
Urban Outfitters to End On-Call Shifts for New York Employees
Apparel retailer Urban Outfitters Inc has agreed to end on-call shifts for employees at all its New York stores.
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.