LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Gap Inc. said late Thursday that a key revenue metric rose 3 percent for the November and December period, as surging sales at its low-priced Old Navy chain offset sluggish business at its namesake business.
SAN FRANCISCO, United States — Gap Inc., the biggest U.S. apparel- focused retailer, cut its annual profit forecast as sales at its namesake brand
Gap Inc. incoming chief executive officer Art Peck is overhauling management at the ailing Banana Republic and Gap brands.
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Gap Inc. fell the most in more than three years after saying it will replace Chief Executive Officer Glenn Murphy, who was credited with reviving the apparel maker during his seven-year tenure, and posting disappointing September sales.
Gap Inc. fell the most in more than three years after saying it will replace Chief Executive Officer Glenn Murphy, who was credited with reviving the apparel maker during his seven-year tenure, and posting disappointing September sales.
Gap Inc. Chief Executive Officer Glenn Murphy will leave the clothing retailer next year, passing the reins to one of his lieutenants, Art Peck.
SAN FRANCISCO, United States — Gap Inc. rose as much as 5.8 percent in late trading after posting preliminary first-quarter profit that beat
SAN FRANCISCO, United States — Gap Inc., the owner of Old Navy, Banana Republic and its namesake apparel chain, will raise its hourly pay for U.S.
Once one of the world’s most successful specialty retailers, Gap has been mired in decline for over a decade. Following a series of cost-cutting measures, will the arrival of creative director Rebekka Bay and a new focus on product help the American retail giant get back on its feet?
Once one of the world’s most successful specialty retailers, Gap has been mired in decline for over a decade. Following a series of cost-cutting measures, will the arrival of creative director Rebekka Bay and a new focus on product help the American retail giant get back on its feet?
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.