Old Navy Archives - Inside Retail Singapore
Gap Inc is planning to roll out Janie and Jack and Athleta stores globally, via a franchise model.
Gap’s second quarter has proven to be mostly a continuation of the first, with negative results across nearly all segments of the business.
Gap Inc sales have slumped globally and across the whole company with the Gap brand the worst performer, down 10 per cent. “This …
Gap plans to spin off and float its Old Navy business, creating two independent publicly traded companies.
The deep-seated problems at the Gap brand need to be resolved. And soon, says retail analyst Neil Saunders.
Gap Inc has named a new president and CEO for its troubled Gap brand.
Gap Inc again had to rely on its budget brand Old Navy to deliver modest growth in the first quarter, as its core brand stuttered yet again.
Gap is ramping up its roll-out of Old Navy stores as the budget brand drives growth for the embattled US apparel giant.
At headline level, the latest Gap Inc results are not too bad. But beneath the surface…
Gap Inc. to close about 200 Gap and Banana Republic stores in the next three years.
Gap results show the third consecutive quarter of positive comp-store sales growth – but Old Navy alone is driving all the growth.
With comparable group sales increasing by 2 per cent this has been a quarter of progress for Gap.