Apparel and accessories retail

January 16, 2020 - 5:25 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company. The retailer said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the company's recent struggles. Its stock was up about 7% in after...
Read More
FILE - This April 10, 2012 file photo shows the production department at fashion giant Inditex's headquarters where Zara fashion garments are designed in La Coruna, Spain. Inditex, the retail giant that owns Zara, H&M and many other brands, announced a sustainability pledge in July, for example, saying it wants all its clothes to be made from sustainable or recycled fabrics by 2025. (AP Photo/Jesus Sancho, File)
January 07, 2020 - 11:43 am
LONDON (AP) — Sustainability in fashion is a hot button topic, with retailers large and small racing to prove their green credentials, but the desire for new attire churns and the industry remains one of the world's largest polluters as climate activists and watchdogs sound alarms. The industry is...
Read More
FILE - In this Nov. 20, 2019, file photo specialist Mario Picone, right, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 26. (AP Photo/Richard Drew, File)
November 26, 2019 - 4:55 pm
More encouraging signs that trade talks between the U.S. and China are on track kept investors in a buying mood Tuesday, nudging the major stock indexes to record highs for the second straight day. Retailers and other companies that rely on consumer spending helped power the modest rally, which...
Read More
FILE - In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. Macy's Inc. (M) on Thursday, Nov. 21, 2019, reported fiscal third-quarter net income of $2 million. The Cincinnati-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. (AP Photo/Mark Lennihan, File)
November 21, 2019 - 5:04 pm
NEW YORK (AP) — There’s more trouble for the nation’s malls heading into the crucial holiday shopping season. A slew of mall-based clothing retailers delivered weak third-quarter earnings reports in recent days, the latest indication of shoppers’ increasing shift online and away from traditional...
Read More
FILE- In this Sept. 28, 2015, file photo Art Peck, CEO of Gap, speaks at the Clinton Global Initiative in New York. Peck is stepping down as the company continues to grapple with slumping sales. Peck, who has been CEO since 2015, will be temporarily replaced by Gap's non-executive chairman of the board Robert Fisher. (AP Photo/Mark Lennihan, File)
Associated Press
November 07, 2019 - 8:42 pm
NEW YORK (AP) — Gap announced Thursday that CEO Art Peck is stepping down as the company struggles to turn around a long-standing sales slump. The San Francisco-based retailer also lowered its earnings outlook for the year as sales at the Gap, Banana Republic and Old Navy fell in the most recent...
Read More
FILE - In this July 21, 2018, file photo Allbirds co-founder Tim Brown speaks at OZY Fest in Central Park in New York. Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on their wool shoes. (Photo by Evan Agostini/Invision/AP, File)
October 08, 2019 - 3:06 pm
NEW YORK (AP) — Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on its wool shoes. The company said Tuesday that it plans to open 20 stores in 2020, bringing its total number of stores to about 35 by the end of the...
Read More
A Forever 21 store is shown, Monday, Sept. 30, 2019, in Aventura, Fla. The low-price fashion chain, a one-time hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. (AP Photo/Wilfredo Lee)
Associated Press
September 30, 2019 - 4:31 pm
NEW YORK (AP) — For years, teens flocked to Forever 21's massive stores at the nation's malls for its speedy take on fashion, like its $5 shimmery halter tops and $25 dresses. But the chain that helped popularize so-called fast fashion has moved too slow for a new generation of young customers. The...
Read More
FILE - In this Aug. 25, 2019, file photo, a long line of unsold Clubman sports-utility vehicles sit at a Mini dealership in Highlands Ranch, Colo. On Friday, Sept. 13, the Commerce Department releases U.S. retail sales data for August. (AP Photo/David Zalubowski, File)
September 13, 2019 - 10:41 am
WASHINGTON (AP) — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales, evidence that consumers are still spending enough to support growth. The Commerce Department said Friday that retail sales increased 0.4% last month, down from a strong 0...
Read More
FILE - This Aug. 23, 2018, file photo shows a window display at a Gap Kids clothing store in Winter Park, Fla. The Gap Inc. reports financial results Thursday, Aug. 22. (AP Photo/John Raoux, File)
August 22, 2019 - 6:27 pm
NEW YORK (AP) — Gap Inc.'s fiscal second quarter profits fell 43%, dragged down by costs related to store closings and the restructuring of its business. The beleaguered San Francisco-based chain also reported comparable sales declines at its three top brands, including at Old Navy, once a bright...
Read More
FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 3:45 pm
NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
Read More

Pages