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

The agencies are forming a new entity called The Independents, but will continue to serve clients under their respective brand names.

The agencies are forming a new entity called The Independents, but will continue to serve clients under their respective brand names.

As the business of public relations evolves, the newly created agency ModusBPCM will provide a more integrated approach to marketing and communications.

As the business of public relations evolves, the newly created agency ModusBPCM will provide a more integrated approach to marketing and communications.

As M&A ramps up, the industry is awash with talk about which brands the big groups should buy. But optimising a luxury portfolio must be about selling as well as buying.

As M&A ramps up, the industry is awash with talk about which brands the big groups should buy. But optimising a luxury portfolio must be about selling as well as buying.

The teaming up of the two longtime rivals indicates an accelerating trend toward challenged brands seeking growth through consolidation.

The teaming up of the two longtime rivals indicates an accelerating trend toward challenged brands seeking growth through consolidation.

The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.

The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.

The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.

The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.

The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.

The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.

Burberry remains one of the few luxury houses unencumbered by a family stake-holder. And it is expected to end its financial year to March with net cash of about £665 million ($819 million).

Burberry remains one of the few luxury houses unencumbered by a family stake-holder. And it is expected to end its financial year to March with net cash of about £665 million ($819 million).

The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.

The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.

The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.

The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.

The British luxury goods firm turned down a number of informal takeover approaches from Coach, according to a report on Sunday.

The British luxury goods firm turned down a number of informal takeover approaches from Coach, according to a report on Sunday.

Burberry shares rose as much as 4.8 percent after a report suggested that Coach is considering merging with the British megabrand.

Burberry shares rose as much as 4.8 percent after a report suggested that Coach is considering merging with the British megabrand.
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.