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

This week, Jimmy Choo's CEO of almost eight years steps down, while StockX appoints a chief technology officer.

This week, Jimmy Choo's CEO of almost eight years steps down, while StockX appoints a chief technology officer.

This week, Prada appoints a former Kering Eyewear executive to the helm of Miu Miu, while Nike makes a number of changes to its C-Suite.

This week, Prada appoints a former Kering Eyewear executive to the helm of Miu Miu, while Nike makes a number of changes to its C-Suite.

This week, Allbirds appoints an Old Navy executive to its board, while LVMH brand Moynat brings in a new CEO from stablemate Sephora.

This week, Allbirds appoints an Old Navy executive to its board, while LVMH brand Moynat brings in a new CEO from stablemate Sephora.

This week, Moda Operandi hires a former Condé Nast executive for chief operating officer, while Valentino taps its first chief commercial officer from Fendi.

This week, Moda Operandi hires a former Condé Nast executive for chief operating officer, while Valentino taps its first chief commercial officer from Fendi.

This week, Karl-Johan Persson steps down as H&M CEO, while Levi’s appoints a data scientist from Apple to its board.

This week, Karl-Johan Persson steps down as H&M CEO, while Levi’s appoints a data scientist from Apple to its board.

This week, Dries Van Noten hires a president formerly at the helm of Ports 1961, while Agent Provocateur appoints a CEO and CCO.

This week, Dries Van Noten hires a president formerly at the helm of Ports 1961, while Agent Provocateur appoints a CEO and CCO.

This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.

This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.

This week, Kylie Jenner’s namesake cosmetics line names its CEO, while Lululemon taps a former Nike executive for chief brand officer.

This week, Kylie Jenner’s namesake cosmetics line names its CEO, while Lululemon taps a former Nike executive for chief brand officer.

This week, Balmain announces Massimo Piombini’s successor, while Kering appoints a group executive to the helm of Brioni.

This week, Balmain announces Massimo Piombini’s successor, while Kering appoints a group executive to the helm of Brioni.

This week, Stitch Fix taps its president from Bain & Company, while Topshop’s CEO of two years steps down.

This week, Stitch Fix taps its president from Bain & Company, while Topshop’s CEO of two years steps down.

This week, Balmain’s chief executive departed, while Tiffany board member Francsesco Trapani resigned.

This week, Balmain’s chief executive departed, while Tiffany board member Francsesco Trapani resigned.

This week, the head of Kering’s jewellery and watches division exits, while Asos appoints its first ever chief growth officer.

This week, the head of Kering’s jewellery and watches division exits, while Asos appoints its first ever chief growth officer.
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.