Gap Inc. Chief Executive Officer Glenn Murphy will leave the clothing retailer next year, passing the reins to one of his lieutenants, Art Peck.
U.S. retailers are suffering through the slowest back-to-school shopping season since the recession ended in 2009, raising concern that the year-end holidays will bring more of the same.
An increasing number of women are sporting yoga pants and dressy sweat pants rather than jeans or slacks. And for many guys, sneakers and hoodies have become workwear.
Buoyed by strong sales of Old Navy brand clothing, Gap Inc. raised full-year forecasts and announced it would open 40 stores in India.
Skinny jeans have reigned supreme for years. But now a whole host of alternatives, from yoga pants to fancy sweatpants, have cropped up.
Gap Inc. said Thursday that its sales edged up 3 percent in the second quarter as growth at Old Navy offset lower sales of the company's namesake brand.
NEW YORK, United States — Gap Inc., the biggest apparel-focused retailer in the U.S., reported first-quarter profit that exceeded analysts’ estimates, helped by sales of low-priced clothing and athletic gear.
SAN FRANCISCO, United States — Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations."
A market for the newly wealthy (FT) “Luxury is a relative concept. In Poland just over two decades ago, it was the height of luxury to have a steady supply of toilet paper, a washing machine and a few US dollars to buy some stick deodorant at a Peweks hard currency shop.” Gap Channels Best Quarter With Banana Republic’s Mad Men (Bloomberg) “Clothing based on the 1960s ‘Mad Men’ styles of Don Draper and