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Gap Q2 profit outperforms projections on tariff refund despite sales drop

Gap delivered better-than-anticipated profit for the second quarter (Q2) ended 1 August 2026, as benefits from tariff refunds and focused operational measures helped offset a year-on-year decline in sales across its four main brands.

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AI shoppers are ahead of retailers, but not for the reasons you think

New data from Narvar finds consumers are rapidly turning to AI for holiday shopping, but a retail analyst says the apparent retailer readiness gap masks a more fundamental difference in how shoppers and businesses are using the technology.

Vince transforms into multi-brand platform with OVO acquisition

Global retail platform Vince has completed its acquisition of the operating business of lifestyle brand October's Very Own (OVO).

Can Frasers Group revive Harvey Nichols?

GlobalData retail analyst Dora Punk, says under Frasers Group, Harvey Nichols can come back as distinctive and exciting.

Inditex’s Lefties makes UK debut with Liverpool store

Inditex's value brand Lefties has made its UK debut with its first store launching at Liverpool ONE through Landsec, owner of one of the UK’s leading retail and leisure portfolios.