Gap Inc

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Gap Inc Q3 results point to recovery Hannah Abdulla | 25 Nov 20

US specialty apparel retailer Gap Inc has noted a recovery in third-quarter sales after being impacted by Covid-related store closures earlier in the year. 

Here's how Gap Inc plans to shake up its business Leonie Barrie | 23 Oct 20

US specialty apparel retailer Gap Inc has set out proposals to shake up its business, with a heavier focus on the Old Navy and Athleta brands and the closure of around one-third of Gap and Banana Republic stores in North America.

Gap brand mulls store closures across Europe Michelle Russell | 22 Oct 20

US apparel brand Gap is to pare back its store presence in Europe with the potential closure of bricks and mortar stores across the continent and the possibility of transferring some of the business to third-parties.

Gap Inc names Nancy Green as CEO of Old Navy Beth Wright | 9 Oct 20

US specialty apparel retailer Gap Inc has announced the permanent appointment of Nancy Green to lead Old Navy as president and CEO after serving as interim head of the brand since March.

Gap Inc partners on sustainable fibres toolkit for apparel industry Beth Wright | 11 Sep 20

US specialty apparel retailer Gap Inc is to publicly release a new resource to help sourcing and design teams in the apparel industry inform companies on meeting their sustainability goals.

Fashion industry efforts to address global PPE shortages – Update just-style | 27 Jul 20

Texollini, Chargeurs*PCC Fashion Technologies, and Crystal International are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic. 

Gap Inc to compensate suppliers in full for cancelled orders Beth Wright | 13 Jul 20

US specialty apparel retailer Gap Inc says it will work collaboratively with its vendors to compensate them in full for finished goods and goods in production that were cancelled or subject to pack and hold.

Is Kanye West collaboration the turning point for Gap? Leonie Barrie | 26 Jun 20

Shares in Gap Inc have jumped 13% after the US specialty apparel retailer revealed it has inked a deal with Kanye West to design a new line of adult and kids' clothing.

Retailers begin to outline store reopening plans – Update just-style | 16 Jun 20

Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.

Gap Inc to close Hill City performance menswear brand Beth Wright | 12 Jun 20

US specialty apparel retailer Gap Inc has revealed plans to wind down its performance menswear brand Hill City as it prioritises resources against its larger labels. 

Gap Inc focused on refashioning for growth Beth Wright | 5 Jun 20

US specialty apparel retailer Gap Inc says it is using the coronavirus pandemic to right-size the business and build it for the future – acknowledging there is plenty of work needed at the eponymous Gap brand.

Gap eyes new product categories with IMG licensing deal Beth Wright | 4 May 20

Speciality clothing retailer Gap Inc has partnered with IMG to explore the introduction of "complementary products" to its Gap, Banana Republic, and Janie and Jack assortments, including baby equipment, home décor, and furniture.

Global retail staff and salary reductions amid Covid-19 – Update just-style | 1 May 20

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:

Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 

Gap expects coronavirus to hurt Q1 sales by $100m Beth Wright | 13 Mar 20

Specialty clothing retailer Gap Inc expects to take a first-quarter sales hit of about US$100m due to the coronavirus (Covid-19) outbreak – and says it is working on contingency plans to tackle falling demand and supply chain disruption. 

Gap Inc names Old Navy boss Sonia Syngal as its new CEO Beth Wright | 6 Mar 20

US specialty apparel retailer Gap Inc has named its Old Navy boss, Sonia Syngal, as the company’s next CEO.

Gap Inc expands reach of PACE programme through licensing Michelle Russell | 26 Feb 20

US fashion giant Gap Inc has further expanded its PACE training programme through no-cost license agreements with companies including PVH Corp, Avery Dennison and Want Want Group.

Gap partners with ThredUp in resale drive Beth Wright | 21 Feb 20

US specialty apparel retailer Gap Inc is stepping into the secondhand apparel market through a new partnership with online resale store ThredUp.

US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 

Gap scraps plans for Old Navy spin-off Beth Wright | 17 Jan 20

US specialty apparel retailer Gap Inc has scrapped plans to spin off its Old Navy chain as a standalone company, and announced the departure of the Gap brand’s president and CEO Neil Fiske.

Gap remains confident on Old Navy spin-off Beth Wright | 22 Nov 19

US specialty apparel retailer Gap Inc is to proceed with the process of spinning off Old Navy as a standalone company, despite recent industry speculation the move could be abandoned following the departure of long-standing CEO Art Peck.

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.





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