Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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Latest News & Analysis
Retail
The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities
The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities
The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
News & Analysis
What’s Your 'Plan B' for Made in China?
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
What’s Your 'Plan B' for Made in China?
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
News & Analysis
Power Moves | Farfetch Announces Chief Fashion Officer, Neiman Marcus President Steps Down
This week, Farfetch appointed Holli Rogers to the newly created position of chief fashion officer, while the president of Neiman Marcus announced his exit from the company.
Power Moves | Farfetch Announces Chief Fashion Officer, Neiman Marcus President Steps Down
This week, Farfetch appointed Holli Rogers to the newly created position of chief fashion officer, while the president of Neiman Marcus announced his exit from the company.
Global Markets
Fung Family Invests in Indian E-Commerce
ShopX has raised $35 million in a new round of funding from Fung Strategic Holdings Ltd.
Fung Family Invests in Indian E-Commerce
ShopX has raised $35 million in a new round of funding from Fung Strategic Holdings Ltd.
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China
Li & Fung’s $1.1 Billion Strategic Divestment
The global trading and sourcing group is selling off its sweater, furniture and beauty product verticals in order to further simplify its business.
Li & Fung’s $1.1 Billion Strategic Divestment
The global trading and sourcing group is selling off its sweater, furniture and beauty product verticals in order to further simplify its business.
Retail
Exposing Asia’s Fashion Empires
The fortunes of many global brands are now in the hands of a few powerful families pondering what comes next for their fashion dynasties.
Exposing Asia’s Fashion Empires
The fortunes of many global brands are now in the hands of a few powerful families pondering what comes next for their fashion dynasties.
China
Li & Fung Profit Rises 16 Percent on Improved US Sales
Revenue from US customers like Target helped lift Li & Fung's first-half profit by 16 percent.
Li & Fung Profit Rises 16 Percent on Improved US Sales
Revenue from US customers like Target helped lift Li & Fung's first-half profit by 16 percent.
News & Analysis
Private Label Partnerships, the Deals that Keep Fashion Ticking
At a time when fashion companies are more focused on brand than ever before, private label manufacturers continue to flourish. BoF reports.
Private Label Partnerships, the Deals that Keep Fashion Ticking
At a time when fashion companies are more focused on brand than ever before, private label manufacturers continue to flourish. BoF reports.
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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.