Blog: Gap's going global
Leonie Barrie | 19 April 2006
With Gap's total revenue sliding by 1.5% last year, the retailer has made no secret of the fact that international expansion will be a key component of its long-term recovery. The company signed its first-ever franchise agreement in January to take its Gap and Banana Republic stores to Singapore and Malaysia by 2010, and now comes a similar deal in the Middle East.
Although Gap currently sells its clothing ranges in just five countries – the US, Canada, UK, France and Japan – the brands have managed to rack up global awareness (not least through the fact that they are stitched together in many of the countries where they will now be sold) and should appeal to young, sophisticated Asian and Middle East shoppers. But the company is still likely to encounter stiff competition from both local brands and other international players as they all fight for market share.
Although Gap won't be drawn on the subject of China, analysts are speculating that as it edges further and further into Asia, China could well be the next stepping stone in its international strategy.
Some of just-style’s more eagle-eyed readers might have noticed a small change to the menu bar on the homepage: the addition of the word re:source. Yes it might be a small change – but it marks the co...
Over the past week just-style has continued to try to unravel the potential ramifications of Donald Trump’s election as the next president of the United States....
One event dominated the international airwaves last week, and on just-style too we took a closer look at the surprise election of Donald Trump as the 45th president of the United States....
As the Brexit roller-coaster continues to twist and turn, and the US presidential election campaign nears its unpredictable and possibly protectionist end, there's no doubt these events – and the perc...
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- US apparel retailers' November 2016 sales roundup
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Oxford Industries, Genesco
- Myanmar garment industry "lacking labour rights"
- Taiwan textile maker investing in first US plant
- Columbia waterproof jacket first made without PFCs