apparel

The rise of cheap imports, technological advancements and the financial crisis have collectively delivered harsh blows to many U.S. industries. IBISWorld is out with a list of 10 American industries that have been hardest hit.

Teens can be fickle, and Pacific Sunwear of California knows that all too well. The retailer, which specializes in surf and skate apparel, saw its shares wipe out on Wednesday after it posted disappointing quarterly results. Is the sun setting on the chain?

Martha Stewart has a new legal problem to contend with: Macy's, which had an exclusive licensing deal with her namesake company, has filed a lawsuit against Martha Stewart Living Omnimedia for hooking up with J.C. Penney.

If August is all about scoring deals on backpacks and other back-to-school items, then what should you buy in September? The editors at DealNews took a look at historical data and came up with the best and worst things to buy this month.

Building on its ongoing mission to grab a bigger share of the $1.4 trillion global apparel market, Gap will open its first stores in Vietnam and Guam through its franchise channel in the next few months.

Gap (GPS) might be undergoing an extreme makeover, but the chain is no longer the key growth engine, CEO Glenn Murphy told investors Wednesday. Learn why the apparel giant is shifting its emphasis to its outlet businesses, newer divisions such as Piperlime and Athleta, and overseas growth.

Charmed actress Alyssa Milano can often be found in the stands, cheering on Los Angeles's Dodgers, Lakers and Kings. And in a down economy, she's racked up some key wins for Touch, her line of women's sports apparel. She recently discussed the business with DailyFinance.

Expect your T-shirts to get a little bit thinner next year -- and maybe a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The trick: Doing so without hurting quality.

Gap's (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer's Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earnings forecasts.

Some merchants adjusted quickly to the "new normal" of penny-pinching shoppers, but others are still struggling with shrinking consumer budgets or headwinds they were fighting before the bottom fell out. Here's a look at the two groups that are going in two different directions.