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

Retail sales were 40 percent to 45 percent lower last week as public transit workers continue to demonstrate over a proposed pension overhaul.

Retail sales were 40 percent to 45 percent lower last week as public transit workers continue to demonstrate over a proposed pension overhaul.

Hong Kong is grappling with its first recession in a decade amid deepening concern that international investors may be growing more skittish.

Hong Kong is grappling with its first recession in a decade amid deepening concern that international investors may be growing more skittish.

The world is on fire. The causes are globalisation, technology, the climate crisis and generational change, but the antidote is culture and reimagining human values, argue Brad Grossman and Dan Mitchell of Zeitguide, reflecting on their experience at BoF VOICES.

The world is on fire. The causes are globalisation, technology, the climate crisis and generational change, but the antidote is culture and reimagining human values, argue Brad Grossman and Dan Mitchell of Zeitguide, reflecting on their experience at BoF VOICES.

New and rapidly evolving markets offer exciting opportunities for the fashion industry, but the sector also faces an internal reckoning as it struggles to measure up to growing demands for a more inclusive future.

New and rapidly evolving markets offer exciting opportunities for the fashion industry, but the sector also faces an internal reckoning as it struggles to measure up to growing demands for a more inclusive future.

Showing up, speaking up, and continuing to stand in solidarity with those facing human rights violations is critical, the Indian social activist and lawyer urged on the BoF VOICES stage.

Showing up, speaking up, and continuing to stand in solidarity with those facing human rights violations is critical, the Indian social activist and lawyer urged on the BoF VOICES stage.

The industry is grappling with an uncertain outlook amid projections for slowing growth and mounting socio-political unrest, but new technology and business models offer hope for innovative solutions.

The industry is grappling with an uncertain outlook amid projections for slowing growth and mounting socio-political unrest, but new technology and business models offer hope for innovative solutions.

At VOICES, the curator and artistic director of the Serpentine Galleries argued that a softer ‘mondialité,’ where local and global identities coexist, could be the solution to growing nationalism, adding that artists must play a role in creating alternative futures.

At VOICES, the curator and artistic director of the Serpentine Galleries argued that a softer ‘mondialité,’ where local and global identities coexist, could be the solution to growing nationalism, adding that artists must play a role in creating alternative futures.

On the VOICES stage, journalists Carole Cadwalladr, Felix Salmon, Janine Gibson and Yinka Adegoke examined the spread of digital misinformation and why traditional governance is failing everyday citizens.

On the VOICES stage, journalists Carole Cadwalladr, Felix Salmon, Janine Gibson and Yinka Adegoke examined the spread of digital misinformation and why traditional governance is failing everyday citizens.

The rise of radical inclusivity has turned a nuanced debate on cultural appropriation into a series of trials by social media. There must be a better way, says Suleman Anaya.

The rise of radical inclusivity has turned a nuanced debate on cultural appropriation into a series of trials by social media. There must be a better way, says Suleman Anaya.

The financial barriers to entry in America’s fashion system hold back creative talent, argues Chantal Fernandez.

The financial barriers to entry in America’s fashion system hold back creative talent, argues Chantal Fernandez.

The company's sales take a hit in South Korea amid an existing, wide-ranging boycott.

The company's sales take a hit in South Korea amid an existing, wide-ranging boycott.

The commercial has been withdrawn from Uniqlo’s Youtube account and television networks.

The commercial has been withdrawn from Uniqlo’s Youtube account and television networks.
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.