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Old Navy appoints new CEO as Gap addresses underperformance in Q2

US specialty apparel giant Gap Inc. announced its second quarter financial results for the period ended August 1, 2026. The company experienced a top-line decline, with net sales decreasing 2 percent year-over-year (YoY) to 3.7 billion dollars, while comparable sales dropped 1 percent. Store sales fell 3 percent compared to the prior year across...

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Inside Gary Champion's plan to keep Clarks comfortable and relevant

"You shouldn't have to choose between looking good and feeling comfortable," Gary Champion, president of Clarks America, told FashionUnited. The idea seems fitting for a company that spent over two centuries selling comfort footwear, without compromising on style. Founded in 1825 by Quaker brothers Cyrus and James Clark in England, Clarks has...

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WGSN’s 2028 trend Joyful Audacity: What is it and how can retail leverage it?

In a landscape influenced by financial pressure, uncertainty, and fatigue, shoppers are naturally gravitating toward positivity. Rather than passively seeking it, however, consumers are actively claiming happiness in ways that extend beyond previous fashion industry trends. While dopamine dressing and vibrant campaigns signaled efforts to offset...

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Authentic acquires Drake’s OVO, VNCE to lead global expansion

Authentic Brands Group has snapped up a majority stake in October’s Very Own (OVO, the lifestyle brand founded by rapper Drake. The deal will also see involvement from Vince Holding Corp. (VNCE), which will serve as the core apparel and retail licensee in the deal. As part of the transaction, Authentic will own 51 percent of the business under a...