A new Morgan Stanley study shows Amazon as a threat to both department stores and specialty retailers, with Amazon's new use of Nike and Lululemon's suppliers for its own private label sportswear a particular concern.
Enter the Era of Nostalgia. A mood of reminiscence is gripping New York Fashion Week this season. It’s as if designers were longing for the good mood of happier eras in America’s past, and not its angry present day.
Gap Inc reported better-than-expected second-quarter results and raised its full-year profit forecast, helped by strong demand for Old Navy products and fewer discounts, and its shares rose about 5 percent.