Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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Latest News & Analysis
News & Analysis
Power Moves | Walmart CMO Steps Down, Jack Wills CEO Leaves Company
This week, Walmart’s chief marketing officer exits after a year at the company, while Suzanna Harlow loses her position as Jack Wills chief executive shortly after the Sports Direct takeover.
Power Moves | Walmart CMO Steps Down, Jack Wills CEO Leaves Company
This week, Walmart’s chief marketing officer exits after a year at the company, while Suzanna Harlow loses her position as Jack Wills chief executive shortly after the Sports Direct takeover.
Financial Markets
Vera Bradley Beats 1Q Profit Forecasts
Vera Bradley Inc. has reported fiscal first-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.
Vera Bradley Beats 1Q Profit Forecasts
Vera Bradley Inc. has reported fiscal first-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.
Financial Markets
Vera Bradley Rises After Boosting Its Annual Profit Forecast
Vera Bradley Inc. rose the most in almost five years after posting second-quarter results that topped analysts’ estimates, helped by new handbags and purses.
Vera Bradley Rises After Boosting Its Annual Profit Forecast
Vera Bradley Inc. rose the most in almost five years after posting second-quarter results that topped analysts’ estimates, helped by new handbags and purses.
Financial Markets
Vera Bradley Reports 1Q Loss
Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.
Vera Bradley Reports 1Q Loss
Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.
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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.