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

Olivier Rousteing Named New Designer at Balmain (T Magazine) "The new era at Paris's sex-charged fashion house Balmain is beginning to take shape,

Olivier Rousteing Named New Designer at Balmain (T Magazine) "The new era at Paris's sex-charged fashion house Balmain is beginning to take shape,

China Looms Large in Luxury Industry's Vision (NY Times) "If heritage is the tool fashion houses have turned to in the wake of the global financial

China Looms Large in Luxury Industry's Vision (NY Times) "If heritage is the tool fashion houses have turned to in the wake of the global financial

Reinventing Savile Row (WWD) "Faced with constant pressure from the bottom end of the market, such as low-cost operations that claim to offer

Reinventing Savile Row (WWD) "Faced with constant pressure from the bottom end of the market, such as low-cost operations that claim to offer


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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.