Roomba maker iRobot has filed for bankruptcy
Roomba maker iRobot has filed for Chapter 11 bankruptcy in the District of Delaware, capping…
Bella Hadid’s Ôrəbella secures Series A financing, names new CEO
Bella Hadid’s fragrance brand Ôrəbella has secured new financing and appointed a new chief executive officer. Read More
Gap raises full-year earnings outlook on solid first quarter
Gap Inc. on Thursday raised its full-year earnings outlook, as the American apparel giant said sales inched forward 1% to $3.5 billion for the first quarter. Read More
Burberry delays net zero emissions target by 10 years to 2050
Burberry Group Plc postponed its goal of cutting emissions to net zero by a decade to 2050, in a setback for the British luxury brand’s bid to become an industry leader in sustainability. Read More
CFDA and Genesis launch 2026 AAPI Design Grant with new funding model
Submissions are now open for the 2026–2027 program, which this year moves away from a traditional competition-based model in favor of a more collaborative framework. Read More
Permira, Nuo advance in race for Italian beachwear brand MC2 Saint Barth
Private equity firms Permira and Nuo are vying to acquire MC2 Saint Barth after advancing to the second phase of the sale process for the Italian beachwear brand, two sources close to the matter said on Thursday. Read More
American Eagle returns to profit on strong sales quarter propped up by Aerie
American Eagle Outfitters on Thursday logged record first-quarter revenue of $1.2 billion, increasing 10% to last year, as the U.S. apparel firm registered strong growth across its sister brand, Aerie. Read More
Kohl’s signals sales trend improvements, shares jump 15%
Kohl’s stuck to its annual targets after posting a smaller-than-expected first-quarter loss on Thursday, signaling that turnaround efforts under new CEO Michael Bender have started to pay off. Read More
Boots second beauty-only store opens
Boots has opened only its second beauty-only location with the previously flagged store having now opened its doors at the Cabot Circus mall in Bristol. Read More
Topshop links with Elle for summer styling event at London HQ
Retailers are falling over themselves at present to host events linked to helping their customers work out how to look good while staying cool this summer. Read More
Gretchen Whitmer wavers on a run for president in 2028
MACKINAC ISLAND, Michigan — Gov. Gretchen Whitmer said Thursday that she won’t run for president in 2028 — then backtracked on the statement later. Whitmer’s initial declaration appeared to remove a marquee name from Democratic primary contention. “I think there will be a robust group of people running for president,” she told a Detroit television…