Gap Inc

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Gap downgraded to junk status, mulls streamlining

US specialty clothing retailer Gap Inc has been downgraded to junk status by Fitch Ratings in the latest of a series of woes for the company...

US apparel retailers' April 2016 sales roundup

The spring season appears to be off to a slow start for the few US apparel retailers who still report their monthly sales, with cool, wet we...


Katie Smith | 8 Apr 2016

March proved to be a challenging month for the few US apparel retailers who still report their monthly sales, with many hampered by the early timing of Easter this year. And the outlook for April is mixed as cold weather is cooling demand for spring clothing collections. 


Leonie Barrie | 23 Mar 2016

US specialty retail giant Gap has made no secret of the fact it faces an uphill battle to turn around its business, but in-house quality mis-steps coupled with the race against the clock to translate trends from the catwalks to the high street are making its work doubly difficult.


Katie Smith | 11 Mar 2016

February proved to be a mixed month for US apparel retailers as market volatility spooked investors and consumers, while low gas prices, positive housing data and upbeat labour market indicators suggested consumers had the means to spend.


Katie Smith | 9 Feb 2016

Hurt by adverse weather conditions, a continued shift by consumers to invest in high-value items such as cars, and a general slump after the holiday period, it's no surprise US apparel retailers suffered in January, with many reporting comparable store sales declines.

Latest Interviews

Leonie Barrie | 25 Sep 2014

Building the business for long-term growth, but also ensuring that the company has a strong local supply chain in place to deliver on its goals, are among the challenges faced by Andrew Lo, CEO of Hong Kong based Crystal Group, as he continues to build the capacity and competitiveness of one of Asia's largest garment manufacturers.


Leonie Barrie | 26 Jul 2011

TAL Apparel, one of the world's leading garment suppliers, has turned the threat of inflation across the supply chain into an opportunity to do things differently. Here CEO Dr Harry Lee tells just-style how the Hong Kong based firm's long-time focus on efficiency, sustainable development, and added value is helping to combat rising costs and set it apart from the competition.

Latest News

Leonie Barrie | 26 May 2016

US speciality fashion giant Gap Inc has told just-style it is collaborating with unions, governments and industry associations to improve working conditions in the factories that make its clothes after a study found violations at suppliers in India, Indonesia and Cambodia.


Beth Wright | 20 May 2016

In a bid to save US$275m a year, US speciality clothing retailer Gap Inc has announced it will be closing 75 Old Navy and Banana Republic stores outside North America.


Michelle Russell | 10 May 2016

Gap Inc said it must transform at a faster pace as the US clothing giant revealed its thirteenth consecutive month of negative same store sales.


Katie Smith | 14 Apr 2016

US retail giant Gap Inc has appointed veteran global sourcing executive Sonia Syngal as global president of its Old Navy brand. 


Katie Smith | 8 Apr 2016

A lacklustre spring merchandise assortment that failed to drive sales and resulted in a surplus of inventory led to a "disappointing" March performance for Gap Inc, with the US clothing giant's comparable store falling for the twelfth month in a row. 


Katie Smith | 4 Mar 2016

Gap Inc has said it is "encouraged" by the initial response to its spring collection, despite the US retail giant posting yet another decline in monthly comparable store sales. 


Katie Smith | 26 Feb 2016

Gap Inc's turnaround visibility remains low and could happen later than anticipated – late 2016/early 2017, according to one analyst, after the US clothing giant saw its fourth-quarter and full-year profits slump. 


Katie Smith | 9 Feb 2016

US specialty clothing retailer Gap Inc expects full-year earnings to be at the high end of its guidance, despite the US retail giant posting net sales and comparable store sales declines in the fourth-quarter and month of January. 


Michelle Russell | 21 Jan 2016

Specialty clothing retailer Gap Inc is to launch a girl's clothing line under its Athleta brand in a bid to capitalise on growth in the US women's active wear category.


Michelle Russell | 8 Jan 2016

A global framework agreement, initiated by H&M and the IndustriAll global union, has succeeded in helping to reinstate sacked workers at garment factories in Myanmar and Pakistan just months after coming into force.


Michelle Russell | 8 Jan 2016

US retail giant Gap Inc has booked December comparable store sales below analyst estimates, with declines at all of its brands.


Michelle Russell | 16 Dec 2015

The inclusion of the 'just transition' worker protection provision in the Paris climate change agreement is a "considerable achievement" a union has said, but pressure will continue to be placed on governments to deliver on the commitment.


Michelle Russell | 4 Dec 2015

A group of seven apparel companies, including Levis Strauss & Co, VF Corp and Gap Inc, have signed a declaration calling on government leaders to reach a strong climate change agreement. 


Katie Smith | 4 Dec 2015

US retail giant Gap Inc has revealed "disappointing" comparable store sales results for November, with declines at all of its brands – the first for Old Navy since April. 


Katie Smith | 20 Nov 2015

Analysts remain mixed on how soon Gap's turnaround visibility will become clear, after the US retail giant Gap Inc saw its third-quarter net profit slide by more than a quarter, and lowered its full-year outlook. 


Michelle Russell | 10 Nov 2015

US clothing giant Gap Inc has revealed lower third-quarter revenues hurt by a double-digit sales decline at its Banana Republic division. 


Katie Smith | 20 Oct 2015

Disappointing margin guidance, management departures and new debt issuance at Gap Inc have raised concerns among analysts for the US retail giant's current and future business trends.


Katie Smith | 9 Oct 2015

US clothing giant Gap Inc has guided down third-quarter gross margin and revealed the departure of Banana Republic creative director Marissa Webb, after reporting yet another decline in monthly comparable store sales.


Michelle Russell | 9 Oct 2015

F&F, the fashion brand of UK supermarket retailer Tesco Stores, has become the latest member of the Zero Discharge of Hazardous Chemicals (ZDHC) group, amid the formation of a new board of directors.


Michelle Russell | 30 Sep 2015

Ralph Lauren is to step down as CEO of the eponymous firm, as the group battles falling profits, with Stefan Larsson, president of Gap Inc's Old Navy division taking the helm. 


Katie Smith | 4 Sep 2015

Analysts expect continued pressure at Gap Inc's namesake brand, after the US retail giant reported its fifth consecutive month of comparable store sales declines.


Leonie Barrie | 2 Sep 2015

The US International Trade Commission has narrowed the scope of its ongoing patent infringement investigation of certain laser abraded denim garments by removing five respondents.

Latest blogs

Michelle Russell | 17 May 2016

Innovation was the hot topic last week as a raft of apparel and textile companies revealed new fabrics, fibres and technologies designed to shake-up the industry.


Leonie Barrie | 13 Oct 2014

If evidence is needed as to the new direction likely to be pursued by US retail giant Gap Inc, look no further than the company's new leadership change. It was revealed last week that CEO Glenn Murphy is to step down in February, making way for Art Peck, the head of Gap's digital division.

Company research

Gap Inc, The in Apparel and Footwear (USA)

Gap Inc, The in Apparel and Footwear (USA)

The Gap struggles to keep pace with the rapidly expanding fast-fashion brands in US apparel and footwear market....

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GAP Inc , The in Apparel and Footwear (World)

GAP Inc , The in Apparel and Footwear (World)

The Gap Inc is struggling to keep pace with the rapidly expanding fast fashion behemoths....

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Gap Inc , The in Retailing (World)

Gap Inc , The in Retailing (World)

Gap Inc appears firmly set on recovery, thanks to a renewed focus on style and quality, a good customer response towards its e-commerce initiative and stabilisation of market share in the US, its home...

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