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As part of a strategic move intended to diversify its revenue, Gap Inc. is stepping outside its primary clothing retail focus to launch a pilot of beauty and personal care products in Old Navy stores this fall. Pilot Launch in Old Navy Stores Gap Inc. plans…
Gap brand sales fell 7 per cent globally in the last quarter as the US apparel retailer fails to re-engage consumers. However Gap Inc increased its overall sales by 6.5 per cent to US$4.09 billion on the back of solid growth in its Old Navy business and a…
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,…
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