The news gets worse at Gap Inc. The retail giant said that November sales fell 9%, or 8% on a currency-neutral basis. It has struggled to produce sales growth for some years but last year it did at least manage a 6% sales rise in November.
With the pre-fall 16 collections coming thick and fast now, one thing is clear – the ankle boot remains a key commercial item. There’s a surprising amount of continuity in styling (surprising given that brands need a constant stream of newness to convince us to the part with our cash). So where exactly is the newness…
What’s to be done about J Crew? The company that was riding high and even considering an IPO just a couple of years ago has looked to be in danger of turning into fashion’s biggest basket case. It even admitted yesterday that the goodwill attached to the name is now zero compared to $1bn-plus not…
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