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Former Billabong International chief executive Neil Fiske has landed a new job steering the ship for Gap Inc.’s struggling namesake brand. After spending almost five years trying to flip the fortunes of Billabong prior to its acquisition by Boardriders…
Fashion giants H&M and Gap vowed on Tuesday (05/06) to investigate reports that Asian garment workers who supply their high-street stores routinely face sex abuse, harassment and violence. Based on interviews with some 550 workers in 53 H&M and Gap supplier…
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,…
Gap is ramping up its roll-out of Old Navy stores as the budget brand drives growth for the embattled US apparel giant. Gap Inc says it will open 60 new stores this year in the US, Canada and Mexico – twice the number of new stores it opened last year. It…
Gap is ramping up its roll-out of Old Navy stores as the budget brand drives growth for the embattled US apparel giant. Gap Inc says it will open 60 new stores this year in the US, Canada and Mexico – twice the number of new stores it opened last year. It…
Failing US president Donald Trump is facing widespread backlash from US retailers and brands over his intention to trigger a trade war with China and other nations. Just days after announcing tariffs on steel imports against the advice of officials, lawmakers…
Gap Inc has announced that Gap brand president/CEO Jeff Kirwan will leave the clothing retail company. A search has been launched to find a replacement. “As we move into the brand’s next phase of development, Jeff and I agreed it was an appropriate time for a…
Clothing brands Banana Republic and Gap are about to quit Singapore, FJ Benjamin has announced. Both outlets have announced their impending departure on their respective Facebook pages. FJ Benjamin, which brought both American brands to Singapore, says it…
Gap Malaysia has announced on its Facebook page that it is about to close its store and GapKids in the Gardens Mall, Kuala Lumpur. The American clothing retailer first announced it would be shutting down its Queensbay Mall, Penang and Pavilion KL stores in…
Shares of the world’s second-largest fashion chain, H&M, have hit its lowest in eight years as the retailer reports plummeting sales at the conclusion of a despondent year. In the three months to the end of November 2017, H&M reported a 4 percent drop in…
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…
Gap Inc says it will shift its focus to its growing brands Old Navy and Athleta, and away from Gap and Banana Republic. The company said on Wednesday it will close about 200 Gap and Banana Republic stores in the next three years and open about 270 Old Navy…
Gap China has opened a flagship store on Shanghai’s West Nanjing Road, its biggest flagship yet in Greater China. Featuring Gap’s full apparel collections and latest store-design elements, the flagship underscores the importance of the China market, says Gap,…
International brand names are starting to grab the attention of HCM City’s fashion-conscious people, clearing the way for more ready-to-wear clothing stores in Vietnam. More than 50 well-known brand names, such as Giordano, Mango, Zara, Topshop, Gap and Old…
Global brands like Gap, The Body Shop and Zara are slashing Indian retail prices to stay competitive in the heavily price-sensitive market. UK cosmetic brand The Body Shop slashed prices across categories in India by 20 to 30 per cent last week, and US…
Alibaba Group Holding Ltd. says sales from its massive Singles Day shopping event totaled $17.8 billion, up more than 24% from the record $14.3 billion sold last year. (This year’s total is RMB 120.7 billion, up 32% year-over-year due to fluctuations in the…
