Isak Andic, the billionaire who built the Spanish brand, died while hiking with his son in 2024. News outlets had reported that the son was under investigation.
Category: Fashion and Apparel
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Retail Giants Spend Billions to Make Stores Look Nicer
Walmart, Target and Dollar General are among those investing in remodeling thousands of existing stores, even as shoppers take their dollars online.
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Sales Are Up. Celebrities Are In. Is Gap Officially Back?
Richard Dickson has drawn inspiration from the clothing retailer’s early days as he tries to regain its cultural cachet.
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Doris Fisher, Co-Founder of the Gap, Dies at 94
The company she started in 1969 with her husband, Don, grew from a single store selling jeans and records to a $16 billion brand that remade the apparel industry.
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For the Modern C.E.O., It’s All About Being ‘Resilient’
The ability to stay calm and lead through any kind of shock is the new normal for corporate executives.
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If On Shoes Are for Everyone, Are They Still Ons?
The company finds itself at a critical juncture that others have botched: How does it stay a brand for serious athletes while keeping up its breakneck growth?
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Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan
Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It’s the second round of cuts this year.
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Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.
High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
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Someone Has to Be Happy. Why Not Lauren Sánchez Bezos?
As half of an unfathomably powerful couple, Mrs. Sánchez Bezos seems to have influenced the uber-rich to stop apologizing, and start enjoying themselves.
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In Dubai, the World’s Luxury Brands Face a Wartime Crisis
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.