This week, Gap CEO Sonia Syngal abruptly stepped down on Monday, signaling further troubles within the American apparel giant. Elsewhere, Dior demanded compensation from Valentino for lost foot traffic, only to retract the demand later in the week. Finally, brands are starting to charge customers for returns.

Goodlife, a men’s fashion brand that launched in 2012, is a case study in making a limited range of products work to the brand's advantage. The bread-and-butter of Goodlife’s assortment is its T-shirts, of which just three styles make up more than 70% of its inventory and sales.

On July 8, senators Thom Tillis of North Carolina and Patrick Leahy of Vermont sent a joint letter to the U.S. Patent and Trademark Office asking the agency to conduct a study on the usage and legal rights of NFTs to help guide policy on the matter.

Last week, Glossy wrapped up a series of stories on the growing threat of a recession. Elsewhere, competition among fashion brands in China is growing, and Hermès is opening its first New York City store outside of Manhattan.

On this week's episode, brands are pulling out of China after facing increased competition from local brands and retailers, Klarna's valuation is reportedly dropping from $45 billion to as low as $6 billion, and fashion brands are launching Hamptons activations as the summer kicks off.

Apparel manufacturing in the U.S. has paled in comparison to China, Vietnam and Cambodia. It’s often cheaper and easier to get a garment made in China than to create the same garment in the U.S. But even with the disparity in costs, recent changes in the economy and the global...

In the retail sector, opinions on the likelihood of a recession are greatly divided. While some big retailers like Walmart and Target have already felt the sting of recessionary economic activity, others are more confident in retail's future.

In July 2021, The Collected Group and all three brands were acquired by Sunrise Brands, the holding company that also acquired Rebecca Minkoff in February. Now, Sunrise is working to bring the three brands back to their former glory.

Last week, a scandal involving H&M’s sustainable product labels presented one of the best reasons to be skeptical of sustainability claims. Additionally, we covered a variety of ways the fashion and beauty industries are responding to the Supreme Court’s overruling of Roe v. Wade, and we’ll continue to cover the...