Gap Inc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

US apparel retailers' December 2016 sales roundup

December proved to be a dismal month for the handful of US apparel retailers still reporting comparable sales figures, with soft in-store tr...

Top 20 news stories on just-style in 2016...

Instead of our regular roundup of the most-read stories on just-style during the week, we thought a fitting end to the year would be to take...

Beth Wright | 2 Dec 2016

Comparable store sales proved to be somewhat disappointing for the handful of US apparel retailers still reporting their figures in November, with only two recording increases. This was despite robust e-commerce growth from the Black Friday weekend and a more favourable macro backdrop to consumer spending.

Beth Wright | 8 Nov 2016

Monthly same store sales growth for the handful of US apparel retailers still reporting their figures has been anaemic since February 2015, but mostly exceeded analyst expectations in October thanks to an uptick in consumer confidence and improving unemployment rates.

Michelle Russell | 7 Oct 2016

Upside surprises were provided in September by two of the US apparel retailers who still report their monthly sales thanks to an uptick in consumer confidence and improving unemployment rates. The remaining three failed to capitalise, however, with The Buckle faring the worst. 

Leonie Barrie | 14 Sep 2016

As efforts continue to try to rescue cargo stranded in the wake of the collapse of Hanjin Shipping, the world's seventh-largest container shipper, fallout for apparel and footwear importers and exporters remains unclear.

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

Beth Wright | 24 Feb 2017

US speciality clothing retailer Gap Inc has posted what one analyst calls a "modest" gain in its fourth-quarter but failed to boost earnings for the full year, booking a double-digit decline for fiscal 2016.

Michelle Russell | 22 Feb 2017

Top executives from 16 major US manufacturers have sent an open letter to Congress urging elected officials to pass tax reforms and the controversial border tax in order to boost growth for domestic companies and taxpayers.

Beth Wright | 7 Feb 2017

January proved to be a better month for the handful of US apparel retailers still reporting comparable sales figures but it wasn't all good news, with one big upside offsetting two huge declines - one of which represents the largest monthly comp store sales decline in 19 years.

Beth Wright | 27 Jan 2017

Top stories this week on just-style include a closer look at the start to Trump's presidency, from the order to withdraw from TPP to his first speech promising to "buy American and hire American". We also list ten retail trends to watch out for in the year ahead, and news that Gap's Banana Republic chief is to leave the company.

Beth Wright | 25 Jan 2017

US specialty retailer Gap Inc has revealed Andi Owen, global brand president of its Banana Republic division, is to leave the company after agreeing with CEO Art Peck, now is an "appropriate time for a change in leadership".

Michelle Russell | 6 Jan 2017

US apparel giant Gap Inc has reversed an 18 consecutive month fall in comparable sales to record positive growth for the month of December, primarily driven by value division Old Navy.

Michelle Russell | 6 Dec 2016

US apparel giant Gap Inc has acquired data-driven social shopping platform Weddington Way for an undisclosed sum. 

Leonie Barrie | 5 Dec 2016

An unexpected fall in sales at its largest Old Navy division, coupled with the impact of a fire at its Fishkill distribution centre in the summer, pushed US specialty apparel retailer Gap Inc to another drop in comparable sales for November.

Beth Wright | 18 Nov 2016

US speciality clothing retailer Gap Inc says it is making progress to improve product across its brands, although both sales and revenue continued to fall in its third quarter.

Michelle Russell | 18 Nov 2016

Apparel giant Gap Inc has got its Fiskhill distribution centre back up and running in the form of a "pop-up" less than three months after a massive fire ripped through and destroyed the property. 

Beth Wright | 16 Nov 2016

Struggling US speciality retailer Gap Inc has named former Dick's Sporting Goods executive, Teri List-Stoll, as its new finance chief, following the news Sabrina Simmons is to leave the company next year.

Beth Wright | 3 Nov 2016

Struggling US speciality retailer Gap Inc has revealed its executive vice president and chief financial officer (CFO), Sabrina Simmons, is to leave the company next year, a move which analysts say comes as no surprise given the company's transition.

Beth Wright | 20 Oct 2016

US speciality clothing retailer Gap Inc is to shutter all eight of its Banana Republic stores in the UK, with the majority of the locations due to close by the end of fiscal 2016.

Michelle Russell | 7 Oct 2016

Despite posting its 17th month of negative comparable sales in September, US apparel giant Gap saw its share price climb as the results were better than expected and included a positive performance from its Old Navy division.

Beth Wright | 29 Sep 2016

US retail giant Gap Inc has named its former executive, Jamie Gersch, as chief marketing officer (CMO) of Old Navy in a bid to drive the brand's vision in the run-up to the holiday season.

Beth Wright | 14 Sep 2016

US apparel giant Gap Inc has revealed it will partner with Oregon-based lifestyle brand Pendleton Woolen Mills on a limited-edition collection set to roll out in the autumn.

Beth Wright | 12 Sep 2016

US apparel giant Gap Inc has published the names and locations of the factories which manufacture garments for its namesake, Banana Republic, Old Navy and Athleta brands.

Michelle Russell | 9 Sep 2016

Major apparel groups including Adidas, Gap Inc, Inditex, Gildan and Asics have been included in the Dow Jones Sustainability Indices (DJSI), putting the companies among the best-in-class sustainability performers globally.

Michelle Russell | 7 Sep 2016

A massive blaze that swept through US apparel giant Gap Inc's Fishkill distribution centre in New York City at the end of last month was caused by arson, an official investigation has found. 

Michelle Russell | 2 Sep 2016

More favourable hot and dry weather and an uptick in consumer confidence resulted in a bounce-back in US same-store sales for August. For the few apparel retailers who still report their monthly sales, however, an increase in technology and travel spend weighed on monthly results. 

Michelle Russell | 2 Sep 2016

US apparel giant Gap saw its share price tumble as it turned in its 15th negative monthly comparable sales result that missed analyst estimates and a fall in net revenues for August. 

Beth Wright | 31 Aug 2016

A massive blaze has swept through US apparel giant Gap Inc's Fishkill distribution centre in New York City.

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.

just-style homepage

Forgot your password?