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

This week, the Council of Fashion Designers of America promoted CaSandra Diggs to president of its organisation, while PVH Corp named Julie Fuller chief human resources officer.

This week, the Council of Fashion Designers of America promoted CaSandra Diggs to president of its organisation, while PVH Corp named Julie Fuller chief human resources officer.

This week, Condé Nast announced Agnes Chu will lead its entertainment division, while Renée Tirado left Gucci to launch her own consulting firm in New York.

This week, Condé Nast announced Agnes Chu will lead its entertainment division, while Renée Tirado left Gucci to launch her own consulting firm in New York.

This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.

This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.

This week Gianfranco Gianangeli was named chief executive of Maison Margiela, while Hermès veteran Bali Barret announced her departure after 17 years at the company.

This week Gianfranco Gianangeli was named chief executive of Maison Margiela, while Hermès veteran Bali Barret announced her departure after 17 years at the company.

This week, BoF learned Alyx Co-Founder Jennifer Murray was appointed sales director of ready to wear at 032c, while Charlotte Werner was named chief executive of Giambattista Valli.

This week, BoF learned Alyx Co-Founder Jennifer Murray was appointed sales director of ready to wear at 032c, while Charlotte Werner was named chief executive of Giambattista Valli.

This week, former Vogue Paris Deputy Editor Olivier Lalanne joins GQ France, while Adrian Ward-Rees returned to the British label.

This week, former Vogue Paris Deputy Editor Olivier Lalanne joins GQ France, while Adrian Ward-Rees returned to the British label.

This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.

This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.

This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.

This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.

This week, the luxury group appointed LVMH veteran Philippe Fortunato to oversee fashion and accessories, while the German suit maker tapped Daniel Grieder after his recent departure from Tommy Hilfiger.

This week, the luxury group appointed LVMH veteran Philippe Fortunato to oversee fashion and accessories, while the German suit maker tapped Daniel Grieder after his recent departure from Tommy Hilfiger.

This week Harper’s Bazaar appointed its first black editor in the magazine’s 153-year history, while beauty giant L’Oréal announced the transgender model will consult on its diversity and inclusion advisory board.

This week Harper’s Bazaar appointed its first black editor in the magazine’s 153-year history, while beauty giant L’Oréal announced the transgender model will consult on its diversity and inclusion advisory board.

This week, the luxury group promoted another member of the Arnault family into an executive role, while PVH veteran Daniel Grieder departed after 23 years.

This week, the luxury group promoted another member of the Arnault family into an executive role, while PVH veteran Daniel Grieder departed after 23 years.

This week, Michele Norsa returns to Ferragamo as executive deputy board chairman after exiting in 2016, while Louis Vuitton hires former Mulberry designer Johnny Coca to lead its women’s leather goods division.

This week, Michele Norsa returns to Ferragamo as executive deputy board chairman after exiting in 2016, while Louis Vuitton hires former Mulberry designer Johnny Coca to lead its women’s leather goods division.
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.