Gap Inc on Thursday raised its full-year net sales forecast for the second time, betting on hot demand for its Old Navy and Athleta clothing brands as socializing makes a comeback with easing pandemic curbs.
Not many countries manufacture as much fashion as Turkey, even if few of its designers are internationally known. That may be about to change, with fashion leaders in the process of creating a Turkish Fashion Council.
The Central Bureau of Investigation has initiated proceedings to attempt to extradite jewellery tycoon Nirav Modi’s brother Nehal Modi from the U.S. to India as part of the ongoing Punjab National Bank fraud case.
Reviving old-fashioned or forgotten brands requires a set of certain skills – patience, respect for DNA, deep-pockets and real affection for a marque, which for some reason Italians seem particularly good at doing.
Apparel retailer Gap reported a surprise 13% rise in quarterly comparable sales on Thursday, as consumers stuck at home due to the COVID-19 pandemic bought more of its Old Navy and Athleta clothing online.