Gap off track
ANALYSIS: Gap needs a strategy, not a sale
Earlier this month Gap Inc reported the latest in a series of same-store sales declines, sparking speculation about the departure…
US: Gap exec lands at Kenneth Cole as others leave
There may be limited job security for employees at embattled Gap Inc, including chief executive Paul Pressler, but the job…
US: Gap shares spike on takeover report
Shares of Gap Inc soared 7.3% on heavy volume in New York Stock Exchange trading Monday (8 January) following a…
US: Gap strategies under review as sales stay sluggish
Apparel retailer Gap Inc is reviewing strategies for its Gap and Old Navy chains after another set of dismal results. The…
US: Gap Inc inspected 98.7% of its garment factories in 2005
Gap Inc’s latest factory inspection and performance data shows that in 2005 the company’s team of Vendor Compliance Officers (VCOs)…
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US: Gap November sales miss forecasts
Gap’s November figures showed another month of disappointment as same-store sales slumped 8%, missing analyst forecasts. The same-store fall compared…
US: Old Navy mutes Gap’s Q3 as profit drops 10.9%
Gap Inc’s profits continued to suffer due to anaemic sales, with Old Navy cited as the principal culprit for both…