Gap’s Brand Turnaround in Motion as Lululemon Hits New Highs in Global Sales

Gap, a once-dominant force in American retail that has faced challenges in recent years, is undergoing a years-long effort to reclaim its position in a highly competitive market — a journey that serves as an indicator for how legacy apparel brands can hold their own...

Consumers expect fashion retailers to meet their preferences as they evolve, Gap noted on its latest earnings call, with the rise of eCommerce speeding up the trend cycle and demanding that brands become more agile. On a call with analysts Thursday (May 30) discussing Gap...

There’s a new legal question about artificial intelligence (AI) at the center of a recent federal lawsuit. Can AI engage in illegal wiretapping? The class-action suit, at the center of a report Sunday (Dec. 3) by CNBC, accuses Old Navy’s chatbot of that exact crime by logging,...

Consumers’ spending behavior has slowed down, which is causing concern among retailers. Although they are still making purchases, the rate at which they are doing so falls short of what retailers desire.   To address this challenge, brands and retailers are focusing on refining their product...