Gap Inc reported quarterly same-store sales below analysts' expectations on Tuesday, as its namesake brand posted another weak performance and its more affordable Old Navy line of clothing also missed estimates.
Italy's Safilo Group has announced their third consecutive licensing agreement with Banana Republic for the brand’s eyewear collections, beginning on February 1 of 2019 and continuing through January 31 of 2025.
Gap Inc. has announced plans to launch a new men's athleisure brand, Hill City, this Fall. The new label will parallel Gap's women's activewear brand Athleta, one of the company's highest-performing brands.
One of the abiding mysteries in luxury is the far greater ability of Paris brands to outperform their venerable, respected and often very classy London rivals. Dunhill may be about to become a significant exception.