apparel
9 stories related to this topic, newest first.
Gap cuts full-year sales outlook after Old Navy misses estimates
Gap reported mixed first-quarter results and lowered its annual sales forecast after comparable sales at Old Navy rose 1 percent instead of the expected 3 percent. The company raised its adjusted earnings-per-share guidance while its shares fell more than 14 percent in after-hour…
vancouversun.comThe North Face Offers Up to 30 Percent Off Rain Jackets Through Memorial Day
The North Face is running a Memorial Day sale through Monday, May 25, with discounts up to 30 percent on rain jackets and other apparel. Members receive an extra 20 percent off purchases of $150 or more.
finance.yahoo.comShein Acquires Everlane for $100 Million
Shein purchased apparel brand Everlane last week for $100 million. The transaction values the company well below its prior peak of $600 million.
The IndependentShein to Acquire Everlane Retailer
Shein has agreed to acquire Everlane, the apparel retailer founded in 2011. The deal comes as Everlane faces declining sales and rising debt.
benzinga.comUrban Outfitters Reports Record First-Quarter Sales and Earnings
Urban Outfitters reported net sales of $1.5 billion for the first quarter ending April 30, 2026, an 11 percent increase from the prior year. Earnings per share rose 12 percent to $1.30.
The GuardianIndyCar Pulls 'One Nation, One Race' Shirt After Customer Feedback
IndyCar withdrew a promotional T-shirt for the Freedom 250 race in Washington DC after receiving customer complaints about its design and phrasing. The series said it is reviewing its approval process for event apparel. The shirt was part of promotion for a street race sanctioned…
benzinga.comUnder Armour Forecasts Fiscal Year Sales and Profit Below Wall Street Estimates
Under Armour Inc. saw its stock fall after issuing a fiscal year sales and profit forecast that fell short of Wall Street projections. The company cited a financial hit from the conflict in the Middle East as a contributing factor. @business reported the developments on Tuesday.
Target Deploys AI Tool to Analyze Trends and Shorten Apparel Design Cycle
Target unveiled its Trend Brain artificial intelligence system earlier this spring to help designers anticipate fashion trends. The tool draws on social media, runway images and real-time sales data, enabling faster decisions such as increasing orders for a polka dot swimwear des…
247wallst.comLevi Strauss Exceeds Earnings Expectations and Raises Fiscal 2024 Guidance
Levi Strauss & Co. reported quarterly revenue and earnings that surpassed analyst estimates. The company raised its full-year guidance, with direct-to-consumer sales exceeding 50% of total revenue for the first time. The updated outlook does not incorporate recent changes to U.S.…