Buoyant Gap corrects seasonal imbalance
A broadly positive second quarter’s trading, with net profit up 29%, has led fashion retailer Gap to raise its full-year guidance. The company's continued focus on products and stores is helping to drive momentum.
In the money: Buoyant Gap corrects seasonal imbalance
17 August 2012
A broadly positive second quarter’s trading, with net profit up 29%, has led fashion retailer Gap to raise its full-year guidance, now predicting earnings per share of US$1.95-2.00.
US: Gap Q2 profit soars as comps rise
17 August 2012
Fashion retail giant Gap Inc has posted a 29% surge in second quarter net profit, driven by across-the-board comparable store sales increases for its main brands.
Sunshine and sales lift US retailers in July
3 August 2012
Lured by warm weather and promotions to clear summer merchandise, US shoppers hit the stores in July giving an overall boost to many apparel retailers - but the results shed little light on back-to-school spending plans.
US: Gap comparable sales rise 10% in July, Q2 sales up
3 August 2012
Clothing retailer Gap Inc today (2 August) saw July comparable sales increase 10%, which were driven by the company's positive performance in North America.
JAPAN: Gap opens first Old Navy store in Japan
12 July 2012
Gap Inc said its first Old Navy store outside of North America opened today (July) in Tokyo, Japan.
US: Gap Inc posts flat June comparable sales
5 July 2012
Clothing retailer The Gap Inc today (5 July) reported flat June comparable sales growth, as it saw a continued positive trend in its North American business.
US: Gap comparable sales climb 2% in May
31 May 2012
Specialty clothing retailer Gap Inc today (31 May) reported a 2% increase in comparable sales for May, after positive feedback from its summer products.
Outlook bright as Gap hails product progress
21 May 2012
One of the bright spots - quite literally - in the first three months of Gap Inc's new financial year has been the success of its spring collection, which helped lift sales by 6% and prompted CEO Glenn Murphy to say the firm now has a "small win" to celebrate.
Browse more hot issues
30 Aug 2012 -
Currently reading -
Buoyant Gap corrects seasonal imbalance
15 Aug 2012 -
13 Aug 2012 -
