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Gap Inc

Gap Inc Archives

Gap Inc to close 225+ stores globally as sales continue to decline

Struggling US apparel retailer Gap Inc has revealed plans to shutter more than 225 stores globally this year with anothe...

Costs cited as Gap Inc cancels Old Navy spinoff plans

Gap has nixed plans to spin off its Old Navy subsidiary, saying that after further investigation the costs involved outw...

Gap brand sales slump as parent fails to re-engage

Gap brand sales fell 7 per cent globally in the last quarter as the US apparel retailer fails to re-engage consumers.

Gap brand gets new chief as overhaul looms

Gap Inc has named a new president and CEO for its troubled Gap brand.

Old Navy continues to drive Gap’s lacklustre growth

Gap Inc again had to rely on its budget brand Old Navy to deliver modest growth in the first quarter, as its core brand ...

New Look China plans 500 more stores

South African retail tycoon Christo Wiese plans to open 500 New Look China stores within three years.

Gap Inc sales slip

Gap Inc has reported a two per cent fall in global sales in the second quarter - but says its turnaround is on track.