Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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News & Analysis
Macy’s Profit Trails Estimates As Discounts Erode Margins
Macy’s Inc., the second-largest U.S. department-store company, posted earnings that trailed analysts’ estimates after discounts meant to lure shoppers eroded profit margins.
Macy’s Profit Trails Estimates As Discounts Erode Margins
Macy’s Inc., the second-largest U.S. department-store company, posted earnings that trailed analysts’ estimates after discounts meant to lure shoppers eroded profit margins.
News & Analysis
Macy’s First-Quarter Sales Unexpectedly Fall
NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store company, said first-quarter revenue fell 1.7 percent as inclement
Macy’s First-Quarter Sales Unexpectedly Fall
NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store company, said first-quarter revenue fell 1.7 percent as inclement
News & Analysis
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
News & Analysis
Bloomingdale’s Black Tags Curb $8.8 Billion Fraud Bill
NEW YORK, United States — Returning a party dress the day after a big soiree is getting harder to do.
Bloomingdale’s Black Tags Curb $8.8 Billion Fraud Bill
NEW YORK, United States — Returning a party dress the day after a big soiree is getting harder to do.
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News & Analysis
U.S. Retailers Boost July Sales with Heavy Discounts and Promotions
NEW YORK, United States — U.S. retailers reported higher sales for July, but they relied heavily on discounts to lure cost-conscious shoppers who
U.S. Retailers Boost July Sales with Heavy Discounts and Promotions
NEW YORK, United States — U.S. retailers reported higher sales for July, but they relied heavily on discounts to lure cost-conscious shoppers who
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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.