Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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News & Analysis
Bidding War Erupts as Saks Shares Jump in New York
NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the
Bidding War Erupts as Saks Shares Jump in New York
NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the
News & Analysis
Why Outlet Stores Are the Hottest Thing in High-End Retail
"High-end department stores are slumming … sort of. At pricey apparel retailers such as Neiman Marcus and Bloomingdales, outlet stores may soon
Why Outlet Stores Are the Hottest Thing in High-End Retail
"High-end department stores are slumming … sort of. At pricey apparel retailers such as Neiman Marcus and Bloomingdales, outlet stores may soon
News & Analysis
Saks, Neiman Marcus Seek Capital, Consider Deals
"Talk about a designer sale. Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile,
Saks, Neiman Marcus Seek Capital, Consider Deals
"Talk about a designer sale. Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile,
News & Analysis
Shoe Battles: Going Toe-to-Toe in Stilettos
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
Shoe Battles: Going Toe-to-Toe in Stilettos
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
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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.