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

This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company.

This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company.

They are joined by global brands including Puma and Levi Strauss, which have all signed a letter urging the country to amend trade union law.

They are joined by global brands including Puma and Levi Strauss, which have all signed a letter urging the country to amend trade union law.

The denim brand reported a 4 percent drop in third-quarter profit, the first fall since the 165-year-old company went public in March.

The denim brand reported a 4 percent drop in third-quarter profit, the first fall since the 165-year-old company went public in March.

With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.

With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.
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Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.

Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.

The 145-year old jeans company is seeking to return to the public markets after more than three decades.

The 145-year old jeans company is seeking to return to the public markets after more than three decades.

This week, Kering appoints Ginevra Elkann as its latest board member, while Simone Marchetti joins Vanity Fair Italia as editor-in-chief.

This week, Kering appoints Ginevra Elkann as its latest board member, while Simone Marchetti joins Vanity Fair Italia as editor-in-chief.

America’s decision to hit allies with billions of dollars in tariffs will have consequences far beyond aluminium and steel, Levi warned lawmakers.

America’s decision to hit allies with billions of dollars in tariffs will have consequences far beyond aluminium and steel, Levi warned lawmakers.
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A slowing demand for leggings has given way to the rebound of the denim sector, driven by Millennial desire for retro styles, customised product and technical fabrics.

A slowing demand for leggings has given way to the rebound of the denim sector, driven by Millennial desire for retro styles, customised product and technical fabrics.

This week, Levi's launches high-tech cycling jacket with Google, and the ways Burberry uses artificial intelligence to personalise consumer experience.

This week, Levi's launches high-tech cycling jacket with Google, and the ways Burberry uses artificial intelligence to personalise consumer experience.

This week, Levi's starts initiative to improve life for garment workers, while China renews its focus on building a sustainable garment industry.

This week, Levi's starts initiative to improve life for garment workers, while China renews its focus on building a sustainable garment industry.
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.