Apparel Retail
Gap stock falls as retailer misses sales expectations, driven by decline at Athleta
Gap’s fiscal second-quarter revenue came in lighter than expected on Thursday but sales at Banana Republic far exceeded expectations as the brand’s turnaround begins to show results. The specialty apparel company behind Old Navy, Athleta, Banana Republic and its namesake banner saw comparable sales rise 1% during the quarter, weaker than the 1.9% rise that […]
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Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Fast Money Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’ Published Thu, Aug 21 20257:37 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure
Shoppers come and go the TJ Maxx store at the Mall at Prince George’s on August 17, 2022 in Hyattsville, Maryland. Chip Somodevilla | Getty Images TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said […]
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Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’
A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty Images Shares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney. “Sydney […]
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Kim Kardashian’s Skims deepens women’s sports ties with volleyball league deal
Skims is teaming up with League One Volleyball. Skims Skims is deepening its ties in women’s sports with a new partnership in League One Volleyball. The popular undergarments brand started by star Kim Kardashian and Swedish entrepreneur Jens Grede will become the official loungewear, intimates and sleepwear partner of the emerging volleyball league. They did […]
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At 23, he quit his accounting job to start an eBay business—today, his company brings in $167 million a year
Gurmer Chopra, 32, is the co-founder of clothing brand YoungLA. Courtesy of Right after graduating from university in 2015, Gurmer Chopra, 32, landed his first corporate role at a “Big Four” accounting firm. But after less than a year on the job, he decided to quit. “Four months into it, I [was] like: ‘I freaking […]
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Back-to-school spending persists despite economic pressure, consumer survey says
A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the upcoming school year. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey. […]
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Nike pushes back Skims launch with Kim Kardashian due to production delays
NikeSKIMS, a new brand from NIKE Inc. and SKIMS. Courtesy: NikeSKIMS Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the spring, like the companies had originally announced, because of production delays, according to a […]
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Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’
People walk past a Lululemon department store in New York City on June 5, 2024. Michael M. Santiago | Getty Images Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin […]
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American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty. “The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are […]
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