September proved to be another mixed month for US clothing retailers. While a later Labor Day weekend and the tail end of back-to-school sel...
The unexpected departure of Old Navy president Stefan Larsson to become CEO of Ralph Lauren has prompted analysts to ask whether parent Gap...
| 1 Oct 2015
The unexpected departure of Old Navy president Stefan Larsson to become CEO of Ralph Lauren has prompted analysts to ask whether parent Gap Inc can maintain its momentum as it tries to turnaround its Banana Republic and Gap brands.
| 11 Sep 2015
US consumer spending was hampered by international concerns, including a China slowdown and emerging market stress, currency devaluations, and extremely volatile equity markets in August. And although back-to-school spending picked up in the latter half of the month, the majority of clothing retailers reported comparable store sales declines.
| 4 Sep 2015
For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions, a shift in spending away from electronics, and a more optimistic consumer, industry analysts are cautiously optimistic for clothing retailers.
| 25 Aug 2015
US retail giant Gap Inc has said it remains bullish on its long-term growth prospects in China despite the yuan deflation, while also revealing it is on track with its strategic restructuring.
| 25 Sep 2014
Building the business for long-term growth, but also ensuring that the company has a strong local supply chain in place to deliver on its goals, are among the challenges faced by Andrew Lo, CEO of Hong Kong based Crystal Group, as he continues to build the capacity and competitiveness of one of Asia's largest garment manufacturers.
| 26 Jul 2011
TAL Apparel, one of the world's leading garment suppliers, has turned the threat of inflation across the supply chain into an opportunity to do things differently. Here CEO Dr Harry Lee tells just-style how the Hong Kong based firm's long-time focus on efficiency, sustainable development, and added value is helping to combat rising costs and set it apart from the competition.
| 9 Oct 2015
US clothing giant Gap Inc has guided down third-quarter gross margin and revealed the departure of Banana Republic creative director Marissa Webb, after reporting yet another decline in monthly comparable store sales.
| 9 Oct 2015
F&F, the fashion brand of UK supermarket retailer Tesco Stores, has become the latest member of the Zero Discharge of Hazardous Chemicals (ZDHC) group, amid the formation of a new board of directors.
| 30 Sep 2015
Ralph Lauren is to step down as CEO of the eponymous firm, as the group battles falling profits, with Stefan Larsson, president of Gap Inc's Old Navy division taking the helm.
| 4 Sep 2015
Analysts expect continued pressure at Gap Inc's namesake brand, after the US retail giant reported its fifth consecutive month of comparable store sales declines.
| 2 Sep 2015
The US International Trade Commission has narrowed the scope of its ongoing patent infringement investigation of certain laser abraded denim garments by removing five respondents.
| 25 Aug 2015
Tumbling markets and economic uncertainty in China could deliver a tough blow to several specialty retail and apparel companies - with the biggest risks including China revenue exposure and a potentially slower economy driving lower consumer spending, one analyst has suggested.
| 21 Aug 2015
Gap Inc remains a group of “mixed fortunes”, according to one analyst, after the US retail giant reported a double-digit decline in second-quarter net profit, but said it remains confident of improved business performance.
| 11 Aug 2015
US apparel giant Gap Inc has forecast for second-quarter EPS below analyst estimates as it revealed lower net and comparable store sales.
| 10 Jul 2015
Weak sales at Gap Inc's namesake brand during the month of June are likely to lead to further discounting as the retailer tries to eliminate inventory build-up, analysts say.
| 16 Jun 2015
US clothing retailer Gap Inc is to shutter 175 of its namesake stores in the US and axe 250 head office jobs as it tries to increase profitability and speed decision-making at the struggling brand.
| 15 Jun 2015
Retailer Gap Inc has hired two industry veterans, including the former chief merchandising officer at Uniqlo, as it works to improve the design and performance of its namesake brand.
| 5 Jun 2015
Gap Inc’s namesake brand is “still a drag” on the US clothing giant’s overall performance, one analyst has said, after the label posted its 13th consecutive monthly decline in comparable store sales.
| 24 Apr 2015
Gap Inc is "not close" to finding the right formula to turn around its namesake brand’s fortunes in the US market, an analyst believes.
| 10 Apr 2015
Even though Gap Inc's namesake brand posted its 11th consecutive comparable store sales decline in March, one analyst is "encouraged" after the retail giant booked an overall increase during the month.
| 2 Mar 2015
Gap Inc has named a new head of design and product development for its namesake brand, after the unit continued to weigh on the company's sales during the fourth-quarter.
| 11 Feb 2015
The need for change at Gap Inc's namesake brand is “evident”, one analyst has said, after the struggling label weighed on the retail giant's fourth-quarter and January sales performance.
| 30 Jan 2015
US retail giant Gap Inc has made a number of key leadership changes that it hopes will intensify the brand’s customer focus, but will see the removal of creative director role Rebekka Bay.
| 26 Jan 2015
US clothing giant Gap is to close its Piperlime fashion brand in order to focus on its core portfolio.
| 9 Jan 2015
Gap Inc will see its namesake brand continue to weigh on the retailer's results in the near term, analysts believe, after the US clothing giant saw December comparable store sales climb 1%.
| 8 Dec 2014
French fashion brand Lacoste has become the latest company to end the use of angora in its future clothing and accessories collections.
| 5 Dec 2014
Gap Inc's namesake brand will continue to weigh on the US clothing giant's performance during the holiday season, one analyst believes, despite it posting November comparable store sales growth.
| 4 Dec 2014
Tau Investment Management is partnering with clothing giant Gap Inc to promote "best-in-class" innovations and support the development of more sustainable, efficient and improved garment factories and mills across Southeast Asia.
| 13 Oct 2014
If evidence is needed as to the new direction likely to be pursued by US retail giant Gap Inc, look no further than the company's new leadership change. It was revealed last week that CEO Glenn Murphy is to step down in February, making way for Art Peck, the head of Gap's digital division.
| 9 Sep 2014
US retail giant Gap Inc has made no secret of the fact that it faced - and continues to face - a number of compliance issues linked to its decision to start sourcing garments from Myanmar/Burma.
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