Inside these posts: Apparel

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


Old Navy revival lifts Gap in 2Q

Rising sales at its low-price Old Navy chain helped Gap Inc. post a 3 percent increase in second-quarter net income, Gap said Thursday.

Based in San Francisco, Gap also operates Banana Republic and Gap stores, plus its websites including its Piperlime online business. And it affirmed a profit outlook for the year that is in line with Wall Street estimates. Get the full story »

Smaller inventories help Saks narrow loss in 2Q

Saks Inc. posted better-than-expected quarterly results Tuesday, helped by an uptick in luxury spending and selling fewer items at a discount. That sent its shares up more than 3 percent.

Saks said sales at stores open at least one year, or same-store sales, rose 4.6 percent, with its flagship department store on Manhattan’s Fifth Avenue performing well. Get the full story »