Gap Inc

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Gap slashes guidance amid exit of CEO Art Peck Beth Wright | 8 Nov 19

Art Peck is stepping down as the CEO of Gap Inc after the US specialty apparel retailer posted another quarter of falling sales – and will be temporarily replaced by non-executive chairman of the board Robert Fisher, a member of Gap's founding family.


Gap and Arvind eliminate fresh water at India denim mill Beth Wright | 6 Nov 19

Arvind Limited’s denim manufacturing facility in Ahmedabad in India is operating entirely with reclaimed water as part of ongoing efforts with US specialty apparel retailer Gap Inc to reduce the amount of water used in the apparel production pipeline.


Gap Inc making progress on supply chain sustainability Michelle Russell | 30 Sep 19

Apparel giant Gap Inc has expanded its mill sustainability programme to reach deeper into its supply chain, and worked with its suppliers to digitise wage payments for more of its garment workers.


Gap Inc names Mary Beth Laughton as Athleta boss Beth Wright | 25 Sep 19

US specialty apparel retailer Gap Inc has named Mary Beth Laughton as president and CEO of its Athleta brand.


Gap & Old Navy outline strategies ahead of spin-off Beth Wright | 13 Sep 19

Old Navy will almost double its store count across North America as part of plans to reach US$10bn in annual sales following its split from Gap Inc next year – with its supply chain key to driving margin expansion and more frequent purchases.


Gap Inc to retain name after Old Navy spin-off Beth Wright | 29 Aug 19

US specialty apparel retailer Gap Inc will retain its name following the completion of the planned spin-off of Old Navy into an independent, publicly-traded company.


Gap works to mitigate tariff threat as Q2 profit tumbles Beth Wright | 23 Aug 19

US specialty apparel retailer Gap Inc has reported another fall in comparable sales for the second quarter with negative results across nearly all segments of the business – and says it continues to closely monitor tariff discussions with contingency plans in place ahead of the upcoming List 4 tariffs.


Banana Republic to roll out rental subscription service Beth Wright | 16 Aug 19

US speciality apparel retailer Gap Inc's Banana Republic brand has today (16 August) announced the launch of a new online rental subscription service that provides unlimited access to its women’s apparel collection. 


Gap sets course for 100% clean energy by 2030 Beth Wright | 9 Aug 19

Specialty clothing retailer Gap Inc is taking steps to ensure it reaches its 2020 emissions reduction targets through a new renewable energy agreement – and has set a new goal to reach 100% renewable energy across its global owned and operated facilities by 2030.


WaterAid joins Gap's Women + Water Alliance Beth Wright | 8 Aug 19

WaterAid, the international charity focused on water, sanitation and hygiene, has joined a five-year initiative backed by Gap Inc to improve the well-being of women in India's apparel industry.


Athleta boss Green named Old Navy creative chief Beth Wright | 24 Jul 19

US speciality apparel retailer Gap Inc is moving Althleta brand president Nancy Green to the newly created role of president and chief creative officer of its Old Navy business – which is to become a standalone company from next year.


New Gap project to boost social dialogue in Bangladesh Beth Wright | 16 Jul 19

US speciality apparel retailer Gap Inc has launched a three-year initiative to strengthen social dialogue and industrial relations in all factories that it sources from in Bangladesh.


Gap Inc to release waterless dyed denim in 2020 Beth Wright | 19 Jun 19

US speciality apparel retailer Gap Inc's Banana Republic brand is to adopt a new environmentally-friendly indigo yarn dyeing process that uses foam instead of water - eliminating 99% of the water typically used in indigo-dyeing.


Gap and Arvind tackle apparel industry water use Beth Wright | 12 Jun 19

US specialty apparel retailer Gap Inc is teaming up with Arvind Limited, its longtime sourcing and franchise partner in India, to open a new innovation centre highlighting solutions to reduce water use in the textile manufacturing industry.


Gap announces 100% sustainable cotton goal Beth Wright | 7 Jun 19

US specialty apparel retailer Gap Inc has announced it is working with supply chain partners to source all cotton for its brands from sustainable sources by 2025.


Gap watching China tariff threat as Q1 sales slump Leonie Barrie | 31 May 19

US specialty apparel retailer Gap Inc has started its fiscal year with a 4% fall in comparable sales, dragged down by a 10% decline at Gap stores – and says it is actively monitoring the proposed new US tariffs on clothing manufactured in China.


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


Banana Republic migrates to cloud merchandising platform Beth Wright | 3 May 19

Banana Republic is the latest brand in the Gap Inc portfolio to go live on cloud-based merchandising solutions to synchronise merchandising operations from buying to inventory valuation.


New Banana Republic and Old Navy sustainability goals Beth Wright | 26 Apr 19

US speciality retailer Gap Inc has announced a series of new commitments from Banana Republic and Old Navy to accelerate the company’s use of more sustainable materials in apparel production and reduce the environmental impacts of product manufacturing. 


Gap Inc business split could affect smooth sourcing Hannah Abdulla | 24 Apr 19

US specialty apparel retailer Gap Inc has suggested separating its sourcing and tech/IT systems could be one of the largest sticking points in the planned spin-off of its Old Navy brand.


Gap to split into two companies and close 230 stores Beth Wright | 1 Mar 19

US speciality retailer Gap Inc has announced the closure of 230 of its namesake brand stores and revealed plans to spin off the group's Old Navy brand into an independent, publicly-traded company.


Gap to close Fifth Avenue flagship this month Beth Wright | 10 Jan 19

US speciality retailer Gap Inc has confirmed it is to shutter its Fifth Avenue flagship store in New York later this month following an announcement it is to close locations that are "dragging down" the business. 


H&M, Adidas, Gap, Nike largest BCI cotton users Michelle Russell | 15 Nov 18

H&M, Adidas, Gap Inc and Nike have been named in the top five of Better Cotton Initiative's (BCI) top brands list for sourcing the sustainable raw material.


How Gap Inc is using scale to speed up its supply chain Hannah Abdulla | 9 Oct 18

Specialty apparel retailer Gap Inc has set out some of the ways its brands are able to significantly cut down on lead times – with some as quick as eight weeks.


IFC, Gap partner to cut energy use in Pakistan textile sector Hannah Abdulla | 9 Oct 18

The International Finance Corp. — a division of the World Bank — has teamed up with US apparel firm Gap Inc. to improve resource efficiency in the company's Pakistan operations.


Gap reaffirms FY but reset needed at namesake brand Beth Wright | 24 Aug 18

US speciality clothing retailer Gap Inc has reaffirmed its full-year guidance on the back of higher second-quarter profits and revenue, but an analyst has warned that "deep-seated problems" remain at its namesake brand.


Former Billabong CEO Fiske to lead Gap brand Beth Wright | 14 Jun 18

US speciality clothing retailer Gap Inc has named former Billabong CEO, Neil Fiske, as president and chief executive officer (CEO) of its Gap brand.


Brands under fire for gender-based violence in Asia factories Michelle Russell | 1 Jun 18

Walmart, H&M and Gap Inc have all come under fire from a global coalition of trade unions, worker rights and human rights organisations that claim women who work in Asian factories making clothes for the companies are at daily risk of assault, sexual abuse and other harassment.


Gap reaffirms FY despite namesake brand struggle Beth Wright | 25 May 18

Gap Inc has reaffirmed its full-year guidance on the back of higher first-quarter profits and revenue, but one analyst warns while the US speciality clothing retailer is in a better position than it was a year ago, management talks a better game than it is actually playing.


Arcadia, Gap, H&M and Inditex all ban mohair Michelle Russell | 2 May 18

Fashion retail giants Arcadia Group, Inditex, Gap Inc and Hennes & Mauritz (H&M) have all committed to ensuring their products are mohair-free following an investigation into the industry in South Africa by animal rights group PETA.

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