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R|T: The Retail Times – Shein's revenue surpasses Zara, Alibaba is worth about half of Tencent

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. ....

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Taxing The Fast-Fashionistas

Tax Notes contributing editor Nana Ama Sarfo discusses how lawmakers across the globe are looking to taxes to address problems with fast fashion. ....

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Most OpenAI employees are threatening to follow Sam Altman to Microsoft

Plus: PlayStation may need some consoling. ....

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Investors are trying to get Sam Altman back

Plus: Did you see that new job on X? ....

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Gap's results beat outshines bleak holiday-quarter sales forecast, ET Retail

Gap, once a sought-after apparel maker, has also taken a hit from shoppers turning to rivals such as Shein and Amazon.com for fresher styles, dragging sales lower at all four of its major brands. The company expects fourth-quarter net sales to be flat to slightly negative, compared with analysts expectations for a 0.33% rise, according to LSEG data. ....

Old Navy , Deborah Weinswig , Zachary Warring ,