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Friday, July 15

Retail

Down and Out: Gap Stock Drops After CEO Departs

The outlook for Gap Inc. has declined amid sales and inventory concerns and the departure of its CEO.

Retail

Mango Tracking Ahead of Pre-COVID-19 Pace

With sales gains rising, Mango is upping investments in technology, logistics, facilities and stores.

Retail

Fast Retailing Raises Guidance on Nine-month Profit and Sales Growth

The company's results were driven by strong performance of Uniqlo, particularly outside of Japan and China.

Retail

Nike, Fanatics Expand Partnership Deal to Include Colleges

The first collections produced by Fanatics Brands will hit the market in the summer of 2024.

Retail

China COVID-19 Resurgence Hampers Luxury Consumption Growth

Barclays expects sales at Hermès to rise 9 percent, Kering to rise 8 percent, LVMH Moët Hennessy Louis Vuitton to rise 4 percent, and Richemont Group to grow by 3 percent for the second ha …

Retail

Gap Inc. Stunner: Sonia Syngal Departs

Horacio “Haio” Barbeito will become president and chief executive officer of Old Navy.

Retail

What's New at Kohl's? Something to Discover

In the aftermath of a long and exhaustive strategic review process and a decision to not be sold, Kohl's management can focus more on the merchandising.

Retail

Lee Traub, Former Dancer and Wife of Marvin Traub, Dies at 95

Lee and Marvin Traub were married for over six decades.

Retail

Burberry Shutters Hong Kong Flagship on Canton Road, Citing Very Challenging Trading Environment

Opened in 2011, the brand reportedly used to pay 6.5 million Hong Kong dollars per month for the space on one of the world's most expensive shopping streets.