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Apparel retailer Gap is weighing options including a potential sale of its China business, citing people with knowledge of the matter. The report said the Old Navy parent was working with an adviser to explore its options and has contacted prospective…
Gap Inc is planning to roll out stores globally under its Janie and Jack and Athleta banners via a franchise model. The US-listed fashion giant already has about 500 franchised Gap, Banana Republic and Old Navy-branded stores operating in 40 markets around…
The tried-and-true formula of trendy casual wear at a bargain price was the right formula for Old Navy, a division of Gap Inc. In its first-quarter earnings report for the period ending May 5, Gap Inc. said that Old Navy’s same-store sales were up 3 percent,…
At headline level, the latest Gap Inc results are not too bad. Overall revenue rose by 1.1 per cent, a respectable increase that is some way above that posted over the last two quarters. Net income also increased by 12.3 per cent compared to the previous…
With distributor RSH, fashion label Old Navy will open its first store in Malaysia at the end of this month. RSH regional marketing and communications manager Roy Lan says the brand will launch a “robust” integrated campaign to raise awareness among consumers…
