Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
power-moves
Workplace & Talent
Power Moves | Swarovski Names Creative Director, Holt Renfrew Appoints President
This week, Swarovski announces its first global creative director, while Holt Renfrew taps Lane Crawford’s deputy president to lead the department store group.
Power Moves | Swarovski Names Creative Director, Holt Renfrew Appoints President
This week, Swarovski announces its first global creative director, while Holt Renfrew taps Lane Crawford’s deputy president to lead the department store group.
Workplace & Talent
Power Moves | Valentino Appoints CEO, Vice Names Chief People Officer
This week, Valentino appoints a former Gucci star merchandiser to CEO, while Vice hires an HR veteran to lead the team.
Power Moves | Valentino Appoints CEO, Vice Names Chief People Officer
This week, Valentino appoints a former Gucci star merchandiser to CEO, while Vice hires an HR veteran to lead the team.
Workplace & Talent
Power Moves | Missoni Appoints CEO, Condé Nast Taps Communications Lead from Vice
This week, Missoni appoints a former Giorgio Armani executive to CEO, while Condé Nast hires its first ever global chief communications officer.
Power Moves | Missoni Appoints CEO, Condé Nast Taps Communications Lead from Vice
This week, Missoni appoints a former Giorgio Armani executive to CEO, while Condé Nast hires its first ever global chief communications officer.
Workplace & Talent
Power Moves | Walmart Appoints CMO, Oasis and Warehouse CEO departs
This week, Walmart taps a marketing executive from Target, while Oasis and Warehouse CEO departs after the company enters administration.
Power Moves | Walmart Appoints CMO, Oasis and Warehouse CEO departs
This week, Walmart taps a marketing executive from Target, while Oasis and Warehouse CEO departs after the company enters administration.
Workplace & Talent
Power Moves | Lululemon CFO Exits, American Eagle Appoints CFO
This week, Patrick Guido steps down as Lululemon’s CFO of two years, while American Eagle hires a new CFO from within.
Power Moves | Lululemon CFO Exits, American Eagle Appoints CFO
This week, Patrick Guido steps down as Lululemon’s CFO of two years, while American Eagle hires a new CFO from within.
Workplace & Talent
Power Moves | EBay Names CEO, Tapestry Adds to Board
This week, EBay hires a Walmart e-commerce executive to lead the company, while Coach owner Tapestry appoints the former chief executive of Hershey’s to its board.
Power Moves | EBay Names CEO, Tapestry Adds to Board
This week, EBay hires a Walmart e-commerce executive to lead the company, while Coach owner Tapestry appoints the former chief executive of Hershey’s to its board.
Workplace & Talent
Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer
This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.
Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer
This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.
Workplace & Talent
Power Moves | Cosmopolitan Names Beauty Director, Ted Baker Appoints CEO
This week, Cosmopolitan taps Essence’s global beauty director, while Ted Baker promotes its CFO to lead the company.
Power Moves | Cosmopolitan Names Beauty Director, Ted Baker Appoints CEO
This week, Cosmopolitan taps Essence’s global beauty director, while Ted Baker promotes its CFO to lead the company.
Workplace & Talent
Power Moves | Hugo Boss CEO, Under Armour Chief Product Officer To Exit
This week, Hugo Boss CEO Mark Langer announced his departure, while the chief product officer of Under Armour is also due to exit.
Power Moves | Hugo Boss CEO, Under Armour Chief Product Officer To Exit
This week, Hugo Boss CEO Mark Langer announced his departure, while the chief product officer of Under Armour is also due to exit.
Workplace & Talent
Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair
This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.
Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair
This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.
Workplace & Talent
Power Moves | Chanel Names Global Head of Arts and Culture, Givenchy Taps CEO From Dior Americas
This week, Chanel appoints former Serpentine Galleries Chief Yana Peel to a newly created arts and culture post, while Givenchy hires its new CEO from Dior.
Power Moves | Chanel Names Global Head of Arts and Culture, Givenchy Taps CEO From Dior Americas
This week, Chanel appoints former Serpentine Galleries Chief Yana Peel to a newly created arts and culture post, while Givenchy hires its new CEO from Dior.
Workplace & Talent
Power Moves | Hudson’s Bay Company, Printemps CEOs Depart
This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.
Power Moves | Hudson’s Bay Company, Printemps CEOs Depart
This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.
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.