Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
tariff
Global Markets
Worldview | A Mix of Traditional and Modern Designs Dominate Lakme Fashion Week
This week’s round-up of global markets fashion business news also features China’s Shan Future Forum and Saudi Arabia’s new development in Diriyah Square.
Worldview | A Mix of Traditional and Modern Designs Dominate Lakme Fashion Week
This week’s round-up of global markets fashion business news also features China’s Shan Future Forum and Saudi Arabia’s new development in Diriyah Square.
Retail
Trump Threatens China Tariffs, Sees ‘No Reason’ to Meet Xi
Markets recoiled at the president’s comments, with the Nasdaq 100 down as much as 2.4 percent.
Trump Threatens China Tariffs, Sees ‘No Reason’ to Meet Xi
Markets recoiled at the president’s comments, with the Nasdaq 100 down as much as 2.4 percent.
Global Markets
Worldview | Haiti’s Garment Industry in Jeopardy Over US Inaction
This week’s round-up of global markets fashion business news also features Chinese textile exports, Kenyan manufacturers and Saudi Arabia’s luxury watch market.
Worldview | Haiti’s Garment Industry in Jeopardy Over US Inaction
This week’s round-up of global markets fashion business news also features Chinese textile exports, Kenyan manufacturers and Saudi Arabia’s luxury watch market.
Global Markets
Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub
Factories that invested in anticipation of a boom in orders are saddled with debt and unsold inventory.
Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub
Factories that invested in anticipation of a boom in orders are saddled with debt and unsold inventory.
Luxury
Swiss Offer Trump Sweetener on Gold to Get Better Tariff Deal
Switzerland has offered to invest in the US gold-refining industry, as part of its efforts to persuade the Trump administration to lower the 39 percent import tariff imposed last month.
Swiss Offer Trump Sweetener on Gold to Get Better Tariff Deal
Switzerland has offered to invest in the US gold-refining industry, as part of its efforts to persuade the Trump administration to lower the 39 percent import tariff imposed last month.
Global Markets
Worldview | Indian Garment Exporters Move Production to East Africa
This week’s round-up of global markets fashion business news also features Mexico’s warning to Mercado Libre, Vogue Brazil and Schwarzkopf’s misstep in China.
Worldview | Indian Garment Exporters Move Production to East Africa
This week’s round-up of global markets fashion business news also features Mexico’s warning to Mercado Libre, Vogue Brazil and Schwarzkopf’s misstep in China.
Retail
From Skechers to Foot Locker: Tariff Chaos Spurs Record-High Footwear, Apparel Deals
Some companies are merging to help offset tariff costs while others go private to weather the remaining years of his presidency outside of the public market.
From Skechers to Foot Locker: Tariff Chaos Spurs Record-High Footwear, Apparel Deals
Some companies are merging to help offset tariff costs while others go private to weather the remaining years of his presidency outside of the public market.
Global Markets
Worldview | African Fashion Takes Spotlight at Canex in Algiers
This week’s round-up of global markets fashion business news also features Korean factories in Haiti, Nepal’s retail disruption and Mexico’s stand on Chinese footwear.
Worldview | African Fashion Takes Spotlight at Canex in Algiers
This week’s round-up of global markets fashion business news also features Korean factories in Haiti, Nepal’s retail disruption and Mexico’s stand on Chinese footwear.
Luxury
Smuggling Is the Latest Temptation for Wealthy US Travellers
High tariffs have long tempted affluent travellers to sneak luxury goods, from French gowns to Swiss watches, past customs. Trump’s tariffs could push them to try again.
Smuggling Is the Latest Temptation for Wealthy US Travellers
High tariffs have long tempted affluent travellers to sneak luxury goods, from French gowns to Swiss watches, past customs. Trump’s tariffs could push them to try again.
Retail
How the End of the De Minimis Exemption Will Impact US Shoppers and Businesses
The Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.
How the End of the De Minimis Exemption Will Impact US Shoppers and Businesses
The Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.
Executive Briefings
The Executive Briefing: Why US Shoppers Are So Angry; Fashion’s Sports Obsession; An AI Bubble?
The fashion industry is searching for ways to speak to a consumer mindset that’s growing more pessimistic and frugal by the day. The answer? Sports, mid-priced handbags and artificial intelligence. Read on for your concise breakdown of August’s key developments from executive editor Brian Baskin.
The Executive Briefing: Why US Shoppers Are So Angry; Fashion’s Sports Obsession; An AI Bubble?
The fashion industry is searching for ways to speak to a consumer mindset that’s growing more pessimistic and frugal by the day. The answer? Sports, mid-priced handbags and artificial intelligence. Read on for your concise breakdown of August’s key developments from executive editor Brian Baskin.
Global Markets
India’s Textile Sector Reels as US Imposes 50% Tariffs
Some apparel and textile manufacturers have already halted production due to ‘worsening cost competitiveness.’
India’s Textile Sector Reels as US Imposes 50% Tariffs
Some apparel and textile manufacturers have already halted production due to ‘worsening cost competitiveness.’
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.