Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
BoF speaks to Art Peck, incoming chief executive of Gap Inc., to discuss his 10 years of experience at the American fashion giant and his imminent take over from Glenn Murphy at a critical juncture in the company’s history, amidst a market landscape being reshaped by digital technology and fast-fashion competitors.
Critics of Gap Inc.’s Old Navy won concessions from the clothing chain after complaining that they were overcharged for women’s plus-size jeans.
A petition to get Gap Inc.’s Old Navy to stop charging more for women’s plus-sized jeans has gathered more than 35,000 signatures online.
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. announced Wednesday it plans to more than triple sales in China in three years as it seeks to grab a bigger piece of the overall $1.4 trillion global clothing market.
NEW YORK, United States — Gap Inc. is expanding its service that allows shoppers to reserve items online and then pay for and pick up the merchandise at the store within 24 hours.
SAN FRANCISCO, United States — Gap Inc. said Thursday that its companywide sales trends improved for the month of July and its second quarter as shoppers responded well to its lineup of summer products at its namesake and Old Navy stores.
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."
Gap Profit Up 40 per cent As Old Navy Drives Sales (WSJ) “Gap Inc. (GPS) reported a 40% increase in profits for the first quarter, as sales were boosted by strong performance at the company’s budget brand, Old Navy. Sales at that division rose 6.8% to $1.3 billion, accounting for nearly 40% of Gap Inc.’s total.” Versace and Kane: An Odd Mix That Works (NYT) “They are an odd couple, Mr. Kane and Ms.