Gap Inc on Thursday reported a surprise profit in the first quarter, and its shares jumped 16% in extended trading as the apparel retailer cited restructuring efforts and easing supply chain costs.

Ralph Lauren Corp beat profit estimates and reported a rise in fourth-quarter revenue on Thursday as its new seasonal collections resonated with shoppers at a time when luxury spending has cooled in the United States.

Investment firm Permira has acquired the majority of Gruppo Florence, in a deal which values the hub of Italian luxury clothing and leather goods manufacturers at more than 1 billion euros.

The pop-up store offers a carefully curated selection of summer clothing for men, women and children along with personalised services and a terrace for customers to enjoy.

Amid the splendor of the Ritz in Paris, Daniel Wellington unveiled its debut handbag line, the latest new development amid a major strategic shift for the Swedish watchmaker.

​Three members of Crew Clothing’s senior leadership team have, a report has claimed, with CEO David Butler the first to go.

The American outwear brand Patagonia has promoted Nina Hajikhanian to the position of general manager for the Europe, Middle East and Africa region.

This fast-growing niche sector, highly valued by the luxury industry, is worth €26 billion in Europe alone, of which nearly €7 billion generated in Italy, now the leading technical textiles producer on the continent.

Remember the Adidas 1988 Squash performance shoe? If not, the German sportswear giant’s Originals brand has teamed up with designer Craig Green to debut the updated CG Squash Polta AKH.

​American label Hill House Home — known for Nap Dresses — has opened its first international warehouse and a UK webstore as it aims to capitalise on the US dress trend that it sparked outside of its original market.

​Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.

​Recent press reports that Japanese retail giant Fast Retailing is pulling its Uniqlo chain out of Russia entirely and selling up may have been wide of the mark.

Nike has unveiled big leadership changes to help it “streamline our focus across product, brand storytelling and marketplace, while building long-term growth and profitability”.

Indianapolis-based sports retailer Lids announced on Wednesday the appointment of company veteran Bob Durda as president.

Guess Inc. announced on Wednesday revenues for the first quarter decline 4% to $569.8 million, on the back of plunging U.S. retail and wholesale sales, partially offset by a surge in retail sales in Asia. 

Target, which rolled out its Pride Collection at the start of May, is pulling some products from stores after facing customer backlash, a company spokesperson told Reuters on Tuesday.