Despite slumping sales and impatient investors, Gap executives say the $6.8 billion business is poised for revival through a major overhaul.
A brief look at some of the day’s stories.
For back-to-school 2006, looks will be less flashy, with more tailored, tighter silhouettes in darker shades, apparel analysts said.
Lorraine Kirk, owner of vintage boutique Geminola, opened her lavender-filled West Village yard to neighborhood friends for tea and Pimm’s cup.
Few things are as anticipated in fashion circles on these muggy July days than the Council of Fashion Designers of America meeting next Monday.
Christian Lacroix is a happy man after a triumphant couture collection that cemented his stature as one of fashion’s most gifted practitioners.
Denim brands at Bread & Butter Barcelona reined in the over-the-top looks, going with slim, clean styles and dark washes.
As BCBG Max Azria opens stores in anticipation of an initial public offering, the company continues to hone its retail prototype.
Streetwear label Buddhist Punk is making the most of its musical roots, from designing a line of rock T-shirts to putting its own spin on the Fender Stratocaster guitar.
Contemporary store Atrium has crossed the Hudson River to open two units in Livingston, N.J.; a Miami store is set for November.
L’Oreal’s second-quarter 2006 sales rose 6 percent, to 3.84 billion euros, or $4.78 billion at average exchange, year-on-year.
Retail sales and a flourishing fragrance business increased first-quarter revenue at Burberry Group plc by 18.4 percent to 135 million pounds.
The refund follows an appeals court ruling in June that upheld the commercial court decision, but demanded a court-appointed expert retabulate moral and material damages.
Carrefour, the world’s second-largest retailer after Wal-Mart, on Wednesday reported a 9.1 percent increase in second-quarter sales.
The battle for the hearts and wallets of fall apparel customers is off and running.
If Graydon Carter seems a little more peevish than usual this week, forgive him.
With quotas filling up more slowly than expected, Chinese apparel and textile imports grew 1.9 percent in May to 1.5 billion SME, worth $1.9 billion.
Dorothea Towles Church, who paved the way for women of color to model, died Friday at the age of 83.