Gap: the company has closed about 175  stores and eliminated 250 corporate jobs recently. Photograph: David Paul Morris/Bloomberg

Gap, the largest clothing-focused retailer in the US, reported second-quarter profit that met analysts’ estimates as the company revamps its flagship (...)

 Looking out from Gap on the southeast corner of Herald Square in New York. American brands, including Gap and J. Crew, are reporting slumping sales, while foreign fast-fashion brands like H&M and Uniqlo lure away their customers. (Photograph: Yana Paskova/The New York Times)

At 8:50 on a Wednesday morning, nearly two dozen shoppers hovered in front of H&M’s new global flagship store on the corner of West 34th Street a(...)

Bottles of Penfolds: one of the brands owned byTreasury Wine Estates.  Photograph: David Gray/Reuters
Planet Business

In numbers: wine wars 2 Number of bids received by the world’s biggest listed winemaker, Australia’s Treasury Wine Estates. The first bid is from US p(...)

Mick Jagger and designer L’Wren Scott pictured at the Metropolitan Museum of Art in New York in  2011. File Photograph: Mike Segar/Reuters 1:27

The Rolling Stones have cancelled their planned concert in the Australian city of Perth after the death of the fashion designer L’Wren Scott, t(...)

The building on the corner of Grafton Street and Lemon Street, Dublin, which was formerly occupied by A|wear. Photograph: Alan Betson

One of the best retail pitches on Dublin’s Grafton Street goes on the letting market today when a top international trader is sought for the former A|(...)

The vagaries of clothes sizes are nothing new. A size 10 in one shop can be a 14 in another

Makers of women’s clothes deceive to flatter with sizesWe got an interesting letter from a woman mystified by clothes sizes. “During the past week I b(...)

The former HMV on Grafton Street is to house fashion retailer Massimo Dutti, whose elegant and classic designs are for daily and formal wear.

Dublin’s Grafton Street is to get a boost with the decision by the world’s biggest clothing group, Spain’s Inditex, to open a Massimo Dutti store in t(...)

The HMV store at 65/66 Grafton Street, Dublin. Photograph: Eric Luke

Zara owner Inditex is expected to be high on the list of international fashion traders to be targeted by agent Savills when it launches a marketing(...)