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

Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.

Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.

From fashion to beauty, consumer goods companies are deploying a range of strategies to blunt the impact of US tariffs.

From fashion to beauty, consumer goods companies are deploying a range of strategies to blunt the impact of US tariffs.

European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.

European luxury brands have relied on dramatic price increases to fuel profit growth in recent years and may have limited manoeuvring room to raise prices further.

The duties, set to take effect Aug. 1, will impact major fashion players.

The duties, set to take effect Aug. 1, will impact major fashion players.

President Donald Trump has dialed down his confrontational tone with China in an effort to secure a trade deal with the world’s second-largest economy.

President Donald Trump has dialed down his confrontational tone with China in an effort to secure a trade deal with the world’s second-largest economy.

Apparel prices are rising, supply chains are scrambling, and brands are playing defence as a new wave of Trump-era tariffs threatens to shake the global fashion industry. Joan Kennedy and Marc Bain join The Debrief to explain the latest changes.

Apparel prices are rising, supply chains are scrambling, and brands are playing defence as a new wave of Trump-era tariffs threatens to shake the global fashion industry. Joan Kennedy and Marc Bain join The Debrief to explain the latest changes.

The US Bureau of Labor Statistics’ latest inflation report showed an uptick in apparel prices for the first time since President Donald Trump announced sweeping tariffs two months ago.

The US Bureau of Labor Statistics’ latest inflation report showed an uptick in apparel prices for the first time since President Donald Trump announced sweeping tariffs two months ago.

Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media.

Indonesia also agreed to purchase $15 billion in US energy, $4.5 billion worth of agricultural products and 50 Boeing Co. jets, “many of them 777’s,” Trump said later on social media.

That the discount extravaganza wasn’t the disaster some had feared is a relief. But there were signs that neither Amazon — nor observers of consumer spending — should take too much comfort, writes Andrea Felsted.

That the discount extravaganza wasn’t the disaster some had feared is a relief. But there were signs that neither Amazon — nor observers of consumer spending — should take too much comfort, writes Andrea Felsted.

This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers.

This week’s round-up of global markets fashion business news also features Japanese resale giant Valuence, Brazilian footwear exports and the disaster facing Lesotho’s denim workers.

The German sneaker makers are refocussing on running shoes to drive growth after losing market share in the category to smaller rivals Hoka and On Holding AG.

The German sneaker makers are refocussing on running shoes to drive growth after losing market share in the category to smaller rivals Hoka and On Holding AG.

Factory owners and garment workers in countries like India, Bangladesh and Sri Lanka are feeling frustrated and nervous as their governments scramble to negotiate trade deals to stave off the highest US tariffs ahead of president Donald Trump’s shifting timeline.

Factory owners and garment workers in countries like India, Bangladesh and Sri Lanka are feeling frustrated and nervous as their governments scramble to negotiate trade deals to stave off the highest US tariffs ahead of president Donald Trump’s shifting timeline.
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.