We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.


The global fashion business journal

Dec 5, 201910:58pm

Gap comes back to Costa Rica, opens store in San José

The American retail giant, that operated in the country until 2016, has opened a new store in the capital of the country.

Sep 2, 2019 — 6:23pm
Mds
Related topics
Save

Gap comes back to Costa Rica, opens store in San José

 

 

Gap gives Costa Rica a second chance. The American retail giant, number four by revenue in the world, has made a comeback to the Central American market with its first store in San José.

 

Gap opened a 200 square meters store in the prime Avenue of Escazú, in the capital of Costa Rica. The comeback of the brand to the country happens hand in hand with AR Retail. Gap’s plans are to also open in the Lincoln Plaza mall at the end of this year. In total, the company is planning the opening of ten stores including Banana Republic and Gap.

 

The American giant landed in Costa Rica in 2013, but in 2016 closed its last two stores in the country. Months later, the company also ceased activities in Colombia. However, last August, Gap landed in Argentina, with its first store in the national airport of Buenos Aires. The company expects to arrive to the Brazilian market soon.

 

Gap shrunk its sales 2% during the first half, up to 7.7 billion dollars, while the benefit was 395 million dollars, 14% less that the same time last year.

Advertising
Comment
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...